Assessment of wind capacity target and the future roadmap of wind tariff in new competitive regime
Student name: Ms Shipra Arora
Guide: Dr Jami Hossain and Mr Sapan Thapar
Year of completion: 2017
Host Organisation: Council on Energy, Environment and Water (CEEW)
Supervisor (Host Organisation): Ms Kanika Chawla
Abstract: After the new targets have been announced by Ministry of New and Renewable Energy (MNRE) in
February 2015 under Union Budget, India has developed its renewable power sector at a very fast
pace. Though, wind sector in India started its development three decades ago but recently wind
sector has seen tremendous growth of maximum capacity addition this financial year. By this, wind
is now more than half way towards its target of 60 GW by 2022 [14] . The major challenges that wind
sector has faced in past few years such as grid curtailments, grid infrastructure, land acquisition
etc. still poses a question that “Would India be able to meet its target by 2022?â€
This study is carried out as an ongoing project in Council on Energy, Environment and Water
(CEEW) funded by Shakti Sustainable Energy Foundation. The objective of this study is to identify
key challenges affecting wind power market and to support the policy makers to come out with
right set of policies and incentives in order to achieve wind target by 2022. India being a
developing nation has a constrained budget, so policies are to be designed in such a manner that
they are cost-effective and aspires to fulfil the target within the time framework without fail.
The project involves financial analysis of wind tariff in the states of India, significance of moving
from feed-in tariff to competitive reverse-auctioning mechanism. It also focusses on building
possible scenarios towards the achievement of target within time constraint, setting comparison
between them in terms of investment and achievability and recommending right set of policies to
be needed time to time in order to overcome the challenges that are still prevailing in wind
deployment.
Keywords: Wind Energy Scenario, Levelised Cost of Electricity, Financial Model, Wind Auction,
Policy Recommendation.
