India poised to be a global wind energy exporter by 2022: IWTMA

According to Indian Wind Turbine Manufacturers Association (IWTMA), Buoyed by strong government policies and concerted industry efforts, India is poised to become a global wind energy exporter by 2022, ahead of China, creating over 2 million jobs.

The Financial Year 2016-17 (FY17) saw wind power capacity addition of over 5,000 MW, which was highest ever in India during a single year and exceeded the target by 38 per cent. According to industry estimates, achievement of revised targets would require investments in the range of ` 3 lac crore. The government has already awarded 7,500 MW and another 11,500 MW is in the pipeline. Further 10,000 MW each will be rolled out in FY19 and FY20.

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