BWI: Wind Power Holds the Key to Provide India with Clean, Green Energy and with Speed

Press release from Business Wire India
Source: IWTMA
Thursday, September 10, 2009 11:10 AM IST (05:40 AM GMT)
Editors: General: Environment, People; Business: Business services, Energy companies, Heavy industries, Media & entertainment; Technology
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Wind Power Holds the Key to Provide India with Clean, Green Energy and with Speed


New Delhi, Delhi, India, Thursday, September 10, 2009 -- (Business Wire India) -- Honorable Minister for New and Renewable Energy, Dr. Farooq Abdullah released a book titled "Indian Wind Energy Outlook - 2009" on the 9th September 2009 in New Delhi. This report is published jointly by the Global Wind Energy Council (GWEC) and Indian Wind Turbine Manufacturers Association (IWTMA).

The study examines the potential of wind power in India upto the year 2030 and found that the technology, re-powering, untapped off-shore potential and furthering wind resource assessment could play a key part in the nation's effort to provide energy to its ever growing demand in an economy which will boom and at the same time combat climate change.

The Ministry of New and Renewable Energy (MNRE) has formulated several policies and guidelines which included setting up of demonstration plans in the past which laid the foundation for speedy growth of this sector. Today, 10 states have declared wind energy policy and eight states are active in implementation with Tamil Nadu topping the list. MNRE is planning to introduce Generation Based Incentive (GBI) which is expected to attract Foreign Director Investment (FDIs) and Independent Power Producers (IPPs).

Mr. Steve Sawyer, Secretary General, GWEC, said, "India is already an established force in the global wind energy markets, and yet it has the potential to achieve more". He also added, "Wind energy can be deployed at a very large scale in a very short period of time, keeping in mind India's own ambitious plan of achieving 10% of energy through Renewable Energy Sources by 2020 and 20% by 2030. MNRE has played a major role in long term policies such as preferential feed-in tariff and GBI, when introduced can make a real difference in improving India's energy independence by providing vast amount of clean, green and indigenous energy."

The report explains as to how India can provide up to 24% of India's power needs by 2030, in a very optimistic and perhaps unbelievable estimate attracting billions of investment and create green collar jobs. The report covers three different scenarios, namely, normal or reference, moderate and advanced. The reference scenario which is modest seems to be in line with the estimates of MNRE.

Mr. D V Giri, Chairman, IWTMA, said, "In our rapidly growing economy, the security of energy supply is key and wind energy potential must not be wasted. Deploying wind energy at a large scale would help us to realize significant economic and environmental benefits. We now urge the government to fast track proposals to introduce a National renewable energy policy to help the industry to make this happen for India. He also added, "IWTMA plays a significant role as turnkey solution providers with 'state of the art' technology to its customers."

Mr. Arthouros Zervos, Chairman, GWEC, said, "This report demonstrates that wind technology is not a dream for the future - it is working now, and ready for tackling India's energy challenges." He also added, "The political choices of the coming years will determine the world's and India's, environmental and economic situation for many decades to come. The wind industry stands ready to do its part in what the UN Secretary General has described as 'the defining struggle of the 21st century'. With sufficient political will and the right frameworks, it could do even more".

It is notable to mention that GWEC is the voice of the Global Wind Power sector. It brings together National, Regional and Continental association representing wind power sector. GWEC plays a very important role in policy interventions globally for the growth of the sector and to combat climate change.

The report is part of a wind industry campaign entitled 'Wind Power Works', which is coordinated by GWEC and supported by IWMTA. Its aim is to increase government awareness and positive action on wind energy in the run up to the COP 15 climate talks in Copenhagen in December 2009.

About IWTMA

The Indian Wind Turbine Manufacturers Association (IWTMA) is the only industrial body representing the country's wind turbine manufacturers, providing a single contact point for policy makers at national and state level, regulators and utilities. IWTMA's main objective is to promote wind energy in India, facilitate the extension of knowledge in the field and interact with national and global energy bodies.

IWTMA is a founding member of the Global Wind Energy Council (GWEC) alongside other national and regional associations including the European Wind Energy Association and the American Wind Energy Association. IWTMA is represented on all Committees, Councils and Advisory groups constituted by the Ministry of New and Renewable Energy (MNRE), CWET and others, including financial institutions like IREDA.

About GWEC

The Global Wind Energy Council (GWEC) is the credible and representative forum for the entire wind energy sector at the international level.

With a combined membership of over 1,500 organisations involved in hardware manufacture, project development, power generation, finance and consultancy, as well as researchers, academics and associations, GWEC's member associations represent the entire wind energy community in more than 70 countries.

GWEC's mission is to ensure that wind power establishes itself as one of the world's leading energy sources, providing substantial environmental and economic benefits. Our main objective of is to promote the development and growth of wind energy around the world through policy development, business leadership, global outreach and information and education.

To view the document and the photographs, please click on the links given below:

EXECUTIVE SUMMARY

Dr. Farooq Abdullah, Hon'ble Minister for New and Renewable Energy releasing the book ' Indian Wind Energy Outlook 2009' in New Delhi

Indian Wind Energy Outlook 2009( Front page of the Book)
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CONTACT DETAILS
Angelika Pullen, Communications Director, GWEC, +32 473 947 966, info@gwec.net
T.F Jayasurya, Manager-Communication, IWTMA, +91 (44) 42100139, secretary@indianwindpower.com
Aparna Srivastava, IPAN Hill & Knowlton, +91 9811234594, aparna.srivastava@ipan.com
Tanya Singh, IPAN Hill & Knowlton, +91 9910085036, Tanya.singh@ipan.com

KEYWORDS
ENVIRONMENT, PEOPLE, BUSINESS SERVICES, ENERGY, HEAVY INDUSTRIES, MEDIA, TECHNOLOGY

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