Falling tariff is not the only trend that renewable energy is witnessing. Suzlon, the domestic market leader in wind equipment manufacturing, expects global vendors to come to India to tap 60 gigawatts (Gw) of additional wind capacity that the government is aiming to achieve by 2020.
In an interview to Business Standard, Tulsi Tanti, chairman and managing director, Suzlon, said, “India will be a large hub for wind manufacturing in five years on the strength of its domestic demand. It will be like China that has a 20 Gw domestic solar market and, therefore, promoted manufacturing in their country. Now,