Wind Market Outlook in India - 2018

Analysing State wise business Opportunity for Developers, Funding Bodies & OEM’s in India till 2022

Wind power auctions in India started in early 2017, and post then the country has witnessed a cumulative 5 GW of wind power going under hammer. The wind tariff in India touched lowest level of INR 2.64 per kWh in the second wind auction conducted in October, 2017, by the Solar Energy Corporation of India (SECI), which was much lower than that of INR 3.46 per kWh in first round of auction in February, 2017.

Post FY 2012 the focus from wind power started to gradually shift to solar power and post FY 2014 the impetus in
terms of favorable policy incentives solar power witnessed a boom leaving wind to be the second fiddle only in
the renewable energy space. But the vision 2022 also aims to raise the capacity of wind power in the country
which led GoI to push the business case of wind power in the country and launch e-auctions for same through
the aegis of SECI.

Key Queries Resolved

• What shall be the changing paradigm post the auction in the country?


• What shall be capacity additions prospect for wind power auctions by FY 2022?


• What shall be the key challenges in succeeding the wind power auctions in India?


• Which state’s shall improve the PPA scenario and not abandon old power plants amidst auctions?


• What will be the gains for project developers, OEMs and Discoms in auctions?


• What will be the opportunity for having a dedicated transmission corridor for auctioned projects?


• What would be the opportunity for open access through the auctioned projects under medium and long-term?

BUSINESS CASE FOR WIND MARKET OUTLOOK IN INDIA

• Gaining priority in power supplies in the country with preference in ISTS


• Auction of 1 GW /month being planned


• Stricter norms being implemented to honor PPAs


• Falling prices for wind power, adding to gaining popularity


• Changing horizons of opportunity for value-chain players in the country

Business case of Open Access gaining momentum in demand centers of the country

• Discoms adding to their green power portfolio


• Investors having safe havens with sustained returns, and NPAs to be a rarity for wind sector in future

Unique Selling Points

• First hand sector knowledge and inputs


• Primary research inputs from F2F interviews with domain experts


• Experts insights and market reviews taken into consideration


• Validated data and analysis


• Opportunity mapping and market sizing


• Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information and analysis


• Free query handling and analyst support for three months from the date of report procurement

Key Highlights

• Opportunity Assessment of wind power auctions for project developers (IPPs)


• Opportunity Assessment of wind power auctions for OEMs


• Opportunity Assessment of wind power auctions for project funding bodies in terms of bifurcated assets


• Inter-state power transmission opportunity and the associated priority to wind power auctions


• State wise Wind power tariff feed in tariff trends


• Auction wise wind power tariff trends


• State wise wind power capacity addition in the country


• Market and opportunity forecast of wind power installations till 2022

Report Insights

• Wind Power Auctions in India – Auctioning Process Track for New Capacity of Wind Power


• Evaluating Wind Power Current Assets & Impact of Auction- Pan India Estimations


• Incentive landscape for wind power producers in India


• Impact of planned high RE capacity addition on wind power capacity addition in India


• Scenario wise opportunity analysis for wind power in India


• Evaluation region wise wind power feed in tariff trends in India


• Wind Power Auctions & likely pricing for market prospects and forecasts till FY 2022


• Current wind assets and the impact of bidding on them – Value rationale


• Clear demarcation of market restraints & filtering drivers for state-wise matrix

A Must Buy For

• Central Power Transmission Utility


• State Power Transmission Utility


• Independent Power Producer


• Wind Power Developers


• State Electricity Boards


• Wind Power Developers, OEMs and Discoms


• Renewable Development Agencies


• Government Agencies


• Research Firms/Institutes


• Project Consultants & Turnkey Solution Provider


• Industry Associations


• Technical Consulting Group & Funding Bodies