Wind energy generation capacity addition is likely to improve to 3.5-4.0 GW this fiscal, while land acquisition and transmission connectivity challenges will remain crucial, rating agency Icra said Tuesday.
The rating agency expects wind power capacity addition to increase to about 3.5 to 4 GW in FY2020, supported by the large project awards by the nodal agencies and measures being taken to address some of the key challenges, Icra said in a statement.
Since February 2017, the overall wind power capacity awarded by the central nodal agencies and the state distribution utilities has been sizeable at more than 12 GW, providing a visibility for substantial capacity addition. Read More
Latest posts by Business-Standard.com (see all)
- Ethanol blending: UP govt distilleries to supply 53 million litres to OMCs - October 23, 2019
- India-Switzerland decide to keep working together in railway sector - October 23, 2019
- Independent Indian directors quit Suzlon Energy; investor hunt continues - October 23, 2019