logo
#

Latest news with #ManufacturingRoadmap

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade
Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

Time of India

time14 hours ago

  • Business
  • Time of India

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

On Global Wind Day 2025, Union minister for new and renewable energy Pralhad Joshi stressed on the importance of wind energy and said that it is crucial to India's clean energy plans and crucial to its ambition of becoming a global manufacturing hub. Speaking at a stakeholder meeting in Bengaluru, he said India needs reliable energy, from wind, solar or other sources, to become a global manufacturing hub. "Wind energy is not a component of our renewable energy strategy, but it is at the heart of it and at the centre of Atma Nirbhar Bharat ," he said. The minister said that India has achieved 51.5 GW of wind capacity, marking a 150% increase over the last decade, and is now exporting turbines and components globally. The country has set its sights on 100 GW of wind energy by 2030, including 30 GW from offshore projects, 'backed by strong policy reforms and a robust manufacturing ecosystem.' The minister said India has set clear and ambitious goals — to get 50% of its power from non-fossil fuel sources by 2030 and to become net-zero by 2070. He stressed that wind energy is not just a part of the country's renewable strategy, but lies at its core and is key to building an Atma Nirbhar Bharat. Live Events He also underlined the three issues the sector must now tackle: integrating wind with solar and storage for round-the-clock power, reducing tariffs from the current Rs 3.90 per unit, and boosting manufacturing efficiency to compete globally. Highlighting PM Modi's vision, Joshi said the goal is to use renewable energy to power India's manufacturing sector, while conventional energy continues to meet household needs. India is currently the world's fourth-largest country in installed wind power capacity and the third-largest renewable energy producer overall. India's manufacturing capacity is increasing, and it will continue to rise. "No one had thought that India would become the third largest manufacturer of renewable energy in 10 years, but today it is a reality," said the minister. To unlock the full potential of the wind sector, Joshi outlined five focus areas: expanding into new states like Madhya Pradesh, Telangana, and Odisha; launching the offshore wind sector with leasing areas in Gujarat and Tamil Nadu; integrating wind with storage for firm green power; modernising the grid using AI-based forecasting; and strengthening local manufacturing across the wind value chain. Joshi also released two key reports, the Wind Energy Roadmap and Manufacturing Roadmap, to serve as frameworks for India's clean energy journey. 'These documents reflect our strategic vision and our collective resolve to build a strong, self-reliant wind ecosystem,' he said. The event also saw the recognition of top-performing states in wind capacity addition: Karnataka led with 1,331.48 MW, followed by Tamil Nadu (1,136.37 MW) and Gujarat (954.76 MW). Union minister of state for new and renewable energy, Shripad Yesso Naik, and Karnataka's energy minister, KG George, were also present at the event. India's wind ambitions align with its global climate commitments, including the five-point 'Panchamrit' pledge made at COP26 in Glasgow. These include reaching 500 GW of non-fossil capacity, cutting emissions by 1 billion tonnes, and reducing emissions intensity by 45%, all by 2030.

Centre plans 4 GW offshore wind energy tenders
Centre plans 4 GW offshore wind energy tenders

Time of India

time15 hours ago

  • Business
  • Time of India

Centre plans 4 GW offshore wind energy tenders

New Delhi: India is targeting a major push in its wind energy programme, helped by a 53 per cent increase in this year's renewable energy budget to ₹26,549 crore. The country is planning to launch offshore wind energy bids totalling 4 Gigawatt in Gujarat and Tamil Nadu, Union Minister for New and Renewable Energy Pralhad Joshi said. Speaking at a stakeholder conference in Bengaluru on the occasion of Global Wind Day 2025, the minister said wind energy is central to India's net-zero and energy security goals. 'Our national goals are ambitious and clear: 50 per cent of our power capacity from non-fossil fuel sources by 2030, and a net-zero India by 2070. Wind energy is central to achieving these goals,' Joshi said. He said India's wind power installed capacity is the fourth largest in the world, and the country ranks third in renewable energy generation globally. Joshi noted that the government is backing the sector with a 53 per cent rise in this year's renewable energy allocation, with a large share directed to wind energy. The conference was attended by Union Minister of State for New and Renewable Energy Shripad Yesso Naik and Karnataka Energy Minister K.G. George. Joshi said that to fully unlock India's wind energy potential, the Centre is focusing on five areas—expanding into new states such as Madhya Pradesh, Telangana, and Odisha; launching offshore projects with 4 GW leasing areas in Gujarat and Tamil Nadu; integrating wind with solar and storage for round-the-clock power; investing in AI-based forecasting and grid upgrades; and supporting domestic manufacturing across the wind value chain. India currently manufactures wind turbines ranging from 225 kW to 5.2 MW, with 33 models made by 14 companies, the minister said. 'These turbines meet our domestic needs and are also cost-competitive globally,' he added. On tariffs and costs, Joshi said, 'A rate of ₹3.90 per unit is too high; we must work together to reduce costs.' He called for competitive tariffs and improved efficiency in domestic manufacturing. The minister also highlighted Prime Minister Narendra Modi's vision to use renewable energy for manufacturing and conventional energy for household consumption. 'India's manufacturing capacity is increasing and will continue to increase. Once India becomes a global manufacturing hub, it should be able to fulfil the energy demands of the manufacturing sector through renewable sources,' he said. Joshi emphasised the importance of states leading the transition and urged for coordinated execution. 'Land availability and transmission delays have to be overcome. This is not the time for hesitation, it is the time for execution,' he said. The Centre also released two key documents at the event—the Wind Energy Roadmap and the Manufacturing Roadmap—which Joshi said would serve as guiding frameworks to build a robust and self-reliant wind energy ecosystem. States were felicitated for their performance in wind capacity addition. Karnataka topped the list with an addition of 1,331.48 MW, followed by Tamil Nadu with 1,136.37 MW and Gujarat with 954.76 MW.

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade
Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

Time of India

timea day ago

  • Business
  • Time of India

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

On Global Wind Day 2025, Union minister for new and renewable energy Pralhad Joshi stressed on the importance of wind energy and said that it is crucial to India's clean energy plans and crucial to its ambition of becoming a global manufacturing hub. Speaking at a stakeholder meeting in Bengaluru, he said India needs reliable energy, from wind, solar or other sources, to become a global manufacturing hub. "Wind energy is not a component of our renewable energy strategy, but it is at the heart of it and at the centre of Atma Nirbhar Bharat," he said. The minister said that India has achieved 51.5 GW of wind capacity, marking a 150% increase over the last decade, and is now exporting turbines and components globally. The country has set its sights on 100 GW of wind energy by 2030, including 30 GW from offshore projects, 'backed by strong policy reforms and a robust manufacturing ecosystem.' The minister said India has set clear and ambitious goals — to get 50% of its power from non-fossil fuel sources by 2030 and to become net-zero by 2070. He stressed that wind energy is not just a part of the country's renewable strategy, but lies at its core and is key to building an Atma Nirbhar Bharat. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending Local Enterprise Accounting Software [Click Here] Accounting ERP Click Here Undo He also underlined the three issues the sector must now tackle: integrating wind with solar and storage for round-the-clock power, reducing tariffs from the current Rs 3.90 per unit, and boosting manufacturing efficiency to compete globally. Highlighting PM Modi's vision, Joshi said the goal is to use renewable energy to power India's manufacturing sector, while conventional energy continues to meet household needs. India is currently the world's fourth-largest country in installed wind power capacity and the third-largest renewable energy producer overall. India's manufacturing capacity is increasing, and it will continue to rise. "No one had thought that India would become the third largest manufacturer of renewable energy in 10 years, but today it is a reality," said the minister. To unlock the full potential of the wind sector, Joshi outlined five focus areas: expanding into new states like Madhya Pradesh, Telangana, and Odisha; launching the offshore wind sector with leasing areas in Gujarat and Tamil Nadu; integrating wind with storage for firm green power; modernising the grid using AI-based forecasting; and strengthening local manufacturing across the wind value chain. Joshi also released two key reports, the Wind Energy Roadmap and Manufacturing Roadmap, to serve as frameworks for India's clean energy journey. 'These documents reflect our strategic vision and our collective resolve to build a strong, self-reliant wind ecosystem,' he said. The event also saw the recognition of top-performing states in wind capacity addition: Karnataka led with 1,331.48 MW, followed by Tamil Nadu (1,136.37 MW) and Gujarat (954.76 MW). Union minister of state for new and renewable energy, Shripad Yesso Naik, and Karnataka's energy minister, KG George, were also present at the event. India's wind ambitions align with its global climate commitments, including the five-point 'Panchamrit' pledge made at COP26 in Glasgow. These include reaching 500 GW of non-fossil capacity, cutting emissions by 1 billion tonnes, and reducing emissions intensity by 45%, all by 2030. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store