India Wind Energy Market Analysis and Forecasts Upto 2012 - Market Research Reports

Contents:

1 2
1.1 List of Tables 10
1.2 List of Figures 12
2 India Wind Policy Framework 13
2.1 India Wind Policy - Introduction 13
2.2 India Wind Policy - Policy Structure 14
2.2.1 General Policy Framework 14
2.2.2 Central Government Incentives 15
2.2.3 State Government Policies 17
2.2.4 Financing Guidelines for Wind Energy Projects 19
2.2.5 Foreign Investment Policy 20
2.2.6 Regulatory Issues 21
3 India Wind Power Industry, 2001-12 22
3.1 India Power Market - Overview 22
3.1.1 Electricity Production by Fuel Type in India 22
3.2 India Wind Power - Installed Capacity Growth, 2001-12 24
3.3 India Wind Power -Wind Power Generation in India 2001-12 25
3.4 India Wind Power - Installations by States Upto 2007-08 26
3.5 India Wind Power - Ten largest Wind Farms 27
3.6 India Wind Power - Offshore Development 27
3.7 India Wind Power - Planned Wind Farms in India 28
4 India Wind Turbine Market 29
4.1 India Wind Power - Annual Capacity Additions, 2001-12 29
4.2 India Wind Turbine Market - Annual Value Forecast 2003-12, Million USD 30
4.3 India Wind Turbine Market - Manufacturers Share (MW), 2007 31
4.4 India Wind Turbine Market - Average Wind Turbine Price, 2003-12 32
4.5 India Wind Turbine Market - Share of Domestic and Foreign Wind Turbine Manufacturers, 2003-07 33
4.6 India Wind Turbine Market - Average Wind Turbine Size, 2003-07 35
4.7 India Wind Turbine Market - Classification of Installed Turbines 36
5 Suzlon Energy Limited, Company Snapshot 37
5.1 Key Information 37
5.2 Company Overview 37
5.3 Financial Performance 37
5.4 SWOT Snapshot 37
5.5 Business Description 38
5.5.1 Business Overview 38
5.5.2 Gear Box 38
5.5.3 Others 39
5.5.4 Wind Turbine Generators (WTG) 39
5.5.5 Major Products and Services 41
5.6 History 42
5.7 Business Strategy 46
5.7.1 Mission Statement 46
5.7.2 Strategy 46
5.7.3 Corporate Social Responsibility 47
5.8 SWOT Analysis 49
5.8.1 Overview 49
5.8.2 Suzlon Energy Limited Strengths 49
5.8.3 Suzlon Energy Limited Weaknesses 50
5.8.4 Suzlon Energy Limited Opportunities 51
5.8.5 Suzlon Energy Limited Threats 52
5.9 Competitors 53
5.10 Revenue Analysis 53
5.10.1 Revenue by Segment 53
5.10.2 Revenue by Geography 54
5.10.3 Share Holding Structure 55
5.11 Key Employees 55
5.12 Key Employee Biographies 56
5.13 Company Statement 57
5.14 Locations and Subsidiaries 60
5.14.1 Head Office 60
5.14.2 Other Locations & Subsidiaries 61
6 Enercon GmbH,Company Snapshot 63
6.1 Key Information 63
6.2 Company Overview 63
6.3 Major Products and Services 63
6.3.1 Overview 63
6.4 Key Employees 64
6.5 Locations and Subsidiaries 64
6.5.1 Head Office 64
6.5.2 Other Locations & Subsidiaries 64
7 NEPC India Limited , Company Snapshot 66
7.1 Key Information 66
7.2 Company Overview 66
7.3 Financial Performance 66
7.4 Business Description 66
7.4.1 Business Overview 66
7.4.2 Major Products and Services 67
7.5 History 68
7.6 Competitors 69
7.7 Key Employees 70
7.8 Key Employee Biographies 70
7.9 Locations and Subsidiaries 71
7.9.1 Head Office 71
7.9.2 Other Locations & Subsidiaries 72
8 NEG Micon A/S , Company Snapshot 73
8.1 Key Information 73
8.2 Locations and Subsidiaries 73
8.2.1 Head Office 73
9 GE Energy , Company Snapshot 74
9.1 Key Information 74
9.2 Company Overview 74
9.3 Financial Performance 74
9.4 Business Description 74
9.4.1 Business Overview 74
9.5 Major Products and Services 75
9.5.1 Overview 75
9.6 Competitors 77
9.7 Key Employees 78
9.8 Key Employee Biographies 78
9.9 Company Statement 78
9.10 Locations and Subsidiaries 79
9.10.1 Head Office 79
10 Gamesa Corporacion Technologica,S.A. , Company Snapshot 80
10.1 Key Information 80
10.2 Company Overview 80
10.3 Financial Performance 80
10.4 SWOT Snapshot 80
10.5 Business Description 81
10.5.1 Business Overview 81
10.5.2 Generation 81
10.5.3 Manufacturing 83
10.5.4 Solar Power 84
10.5.5 Major Products and Services 85
10.6 History 85
10.7 Business Strategy 87
10.7.1 Mission Statement 87
10.7.2 Strategy 87
10.7.3 Corporate Social Responsibility 89
10.7.4 Equipment Manufacturing 90
10.7.5 Consulting 90
10.7.6 System Integration 91
10.7.7 Project Development 91
10.7.8 Distribution 92
10.8 SWOT Analysis 92
10.8.1 Overview 92
10.8.2 Gamesa Corporacion Tecnologica, S.A. Strengths 93
10.8.3 Gamesa Corporacion Tecnologica, S.A. Weaknesses 94
10.8.4 Gamesa Corporacion Tecnologica, S.A. Opportunities 94
10.8.5 Gamesa Corporacion Tecnologica, S.A. Threats 95
10.9 Competitors 95
10.10 Revenue Analysis 96
10.10.1 Revenue by Segment 96
10.10.2 Revenue by Geography 96
10.11 Share Holding Structure 97
10.12 Key Employees 98
10.13 Key Employee Biographies 98
10.14 Company Statement 99
10.15 Locations and Subsidiaries 101
10.15.1 Head Office 101
10.15.2 Other Locations & Subsidiaries 101
11 RRB Energy Ltd. , Company Snapshot 103
11.1 Key Information 103
11.2 Company Overview 103
11.3 Business Description 103
11.3.1 Business Overview 103
11.3.2 Major Products and Services 104
11.4 History 105
11.5 Competitors 105
11.6 Key Employees 106
11.7 Key Employee Biographies 106
11.8 Company Statement 106
11.9 Locations and Subsidiaries 107
11.9.1 Head Office 107
11.9.2 Other Locations & Subsidiaries 107
12 Vestas Wind Systems A/S,Company Snapshot 109
12.1 Key Information 109
12.2 Company Overview 109
12.3 Financial Performance 109
12.4 SWOT Snapshot 109
12.5 Business Description 110
12.5.1 Business Overview 110
12.5.2 Production and Sales of Wind Turbines 110
12.6 Major Products and Services 112
12.6.1 Overview 112
12.7 History 113
12.8 BUSINESS STRATEGY 117
12.8.1 Mission Statement 117
12.8.2 Strategy 117
12.8.3 Corporate Social Responsibility 118
12.8.4 Equipment Manufacturing 118
12.8.5 Consulting 119
12.8.6 Distribution 120
12.9 SWOT Analysis 120
12.9.1 Overview 120
12.9.2 Vestas Wind Systems A/S Strengths 121
12.9.3 Vestas Wind Systems A/S Weaknesses 122
12.9.4 Vestas Wind Systems A/S Opportunities 123
12.9.5 Vestas Wind Systems A/S Threats 124
12.10 Competitors 125
12.11 Revenue Analysis 125
12.11.1 Revenue by Segment 126
12.11.2 Revenue by Geography 126
12.12 Share Holding Structure 127
12.13 Key Employees 127
12.14 Key Employee Biographies 127
12.15 Company Statement 130
12.16 Locations and Subsidiaries 132
12.16.1 Head Office 132
12.16.2 Other Locations & Subsidiaries 133
13 India Major Turbine Supply Contracts and Agreements 134
13.1 India Major Turbine Supply Contracts and Agreements - Recent Development 134
13.1.1 Strategy and Business Planning 134
13.1.2 Government and Public Interest 143
13.1.3 Other Significant Developments 147
13.2 India Major Turbine Supply Contracts and Agreements - Major Industry Deals 151
13.2.1 December 21, 2007, Suzlon Signs a Contract with ONGC for 34 Wind Turbines 152
13.2.2 October 5, 2007 Suzlon Signs a Contract with DLF for 150 MW Wind Turbines 153
13.2.3 June 7, 2005 Gamesa Signs a Contract with Pioneer Asia Wind Turbines for Supply of 20 Wind Turbines 154
13.2.4 May 16, 2005 GE Energy Signs a Contract to Supply Eight Wind Turbines for Indian Wind Farm 155
14 India Wind Power Industry - M&A Deals and Trends 157
14.1 Wind Energy in India, Deal Value versus Volume Analysis, Q1 2007 - Q3 2008 157
14.1.1 Hansen Transmissions International Plans To Acquire Shanthi Gears 158
14.1.2 Dubai Investment Acquires 40% Stake in Chiranjjeevi Wind Energy 159
14.1.3 D.E. Shaw Acquires Minority Stake in Soham Renewable Energy 160
14.1.4 Everest Kanto Cylinder to Acquire Wind Energy Company 161
14.2 Wind Energy in India, Transactions by Deal Type, 2007 - YTD 2008 163
15 India Recent Wind Power Industry Events 165
15.1 Partnership 165
15.1.1 CLP Holdings Plans to Enter Into Partnership with Enercon 165
15.1.2 Reliance Infrastructure to Form a Joint Venture with Shanghai Electric Group Co 166
15.1.3 NTPC Plans to Form Joint Venture with Asian Development Bank, GE Energy, Kyushu Electric Power, Brookfield Renewable 167
15.1.4 National Thermal Power Corporation To Form Joint Venture With GE Energy Financial, Kyushu Electric Power And Brookfield Power 170
15.1.5 Thermax Signs Licensing Agreement with Babcock & Wilcox for Utility Boilers 172
15.1.6 Glitnir Forms Joint Venture with LNJ Bhilwara 173
15.1.7 BHEL and TNEB Form Joint Venture 175
15.1.8 JCT Form Joint Venture with Dakshidin 176
15.1.9 Norwin Forms Partnership with Global Wind Power 178
15.1.10 CLP Power India and Enercon Form Partnership 179
15.1.11 Elecon Engineering Signs Licensing Agreement with Turbowinds 180
15.1.12 NTPC to Enter Into a Joint Venture with ABB 181
15.1.13 Shriram Forms Joint Venture with Leitwind 183
15.1.14 Shriram Forms Joint Venture with Leitwind 184
15.2 Asset Transactions 186
15.2.1 Dynamatic Technologies Acquires Wind Farm from Tamilnadu Petroproducts 186
15.2.2 Indowind Energy Acquires 8.25 MW Wind Farm from Andhra Bank 187
15.2.3 Citius Power to Acquire Wind Energy Assets 189
16 Appendix 190
16.1 Methodology 190
16.2 About us190
16.3 Contact Us 190
16.4 Disclaimer 191

Executive Summary

1.2 List of Figures
Figure 1: India, Electricity Production by Fuel Type, Percentage Share, 2007 23
Figure 2: India, Total Cumulative Wind Power Installed Capacity, 2001-12 24
Figure 3: Cumulative Wind Power Generation in India, GWh - 2001-12 25
Figure 4: India, Share of States in Indian Wind Power, Cumulative Upto 2007-08 26
Figure 5: India, Annual Installed Capacity (MW), 2001-12 29
Figure 6: India Wind Turbine Market, Annual Value Forecast 2003-12, Million USD 30
Figure 7: India, Leading Wind Turbine Manufacturers’ Market Share by New Installed Capacity, 2007 31
Figure 8: India, Average Wind Turbine Price, 2003-12, USD/ kW 32
Figure 9: India Turbine Market- Market Share Share (%) of Domestic and Foreign Turbine Manufacturers, 2003-07 33
Figure 10: India, Average Wind Turbine Size, MW, 2003-07 35
Figure 11: India, Classification of Total Wind Turbines Installed, 2007 36
Figure 12: Wind Energy In India, Deal Value and Volume, 2007 to YTD 2008 157
Figure 13: Wind Energy In India, Deal Types by Volume, 2007 to YTD 2008 163
Figure 14: Wind Energy In India, Transactions By Deal Value ($Million), 2007 - YTD 2008 164