Business Standard
Saturday, Nov 21, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios II
  Search:

India to add 6,000 mw wind power by 2012; but below target
Press Trust Of India / New Delhi August 12, 2008, 18:25 IST

India is expected to expand its wind-based power plant capacity by 6,000 Mw by 2012, but this could still be below the eleventh plan target for this period, a latest report says.     

 
 
News Now
Paper
Specials
- Sensex makes remarkable recovery, regains 17K
- FII-TO-FII TRADES: PNB traded at 4% premium
- FinMin advises ministries to cut expenses by 10%
- Adhunik Metaliks raises Rs 137 cr via QIB issue
- Bharati to go by Sebi norms on Great Offshore offer
More  

The Ministry of New and Renewable Energy (MNRE) has fixed a target of 10,500 mega watts between 2007-12, but an additional generation capacity of only about 6,000 Mw might be available for commercial use by 2012, as per research and project investment database firm ProjectsToday.     

This assumption is based on the progress at the ongoing projects and the plans announced by public and private sectors, it said.     

"The shortfall in wind power generated could be due to lack of availability of land for wind farms and the currently planned captive consumption could be used by others if government provides transmission facilities," ProjectsToday CEO Shashikant Hegde said. 
    
During the 10th Plan (2002-2007), India saw installation of 5,426 Mw of wind power generation capacity, as against the target of 2,200 Mw.     

However, accountancy major KPMG Advisory Services' Associate Director Santosh Kamath said that the 11th plan period target of 10,500 additional capacity seems "feasible" as the country is currently adding 1,800-2,000 Mw per year.     

"The robust growth in the country's wind power generation is largely driven by the incentives provided by the government to companies which set up wind power farms," he added.     

India is currently the fourth largest generator of wind power in the world with a capacity of 8,696 Mw, even ahead of China's 5,899 Mw, ProjectsToday said.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- Bharati to go by Sebi norms on Great Offshore offer
- Galleon exits Edelweiss; sells 7% stake for Rs 255.54 cr
- Suzlon Energy's three promoters pledge 2.8 cr shares
- Draw export strategy of $300 bn: Assocham to govt
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
hemang
please inform how to make wind farm?
Reply
Most Popular
Read
E-Mailed
Commented
   
- Bharti Airtel slashes roaming rates by 60%
- Govt may allow private sector investment in education
- We are not trying for a monopoly: HAL chairman
- Patni may host all IT services on 'cloud'
- Bank stocks rise on merger talk
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should rich charitable trusts be brought under the tax net?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback