Wind energy sector's capacity addition will improve in near term, while the bid power tariffs in the recent wind power auctions inched upwards, an ICRA report said Wednesday.
The wind energy sector has witnessed project awards of 10 GW between February 2017 and September 2018 by central nodal agencies like the Solar Energy Corporation of India Limited (SECI) and NTPC Limited (NTPC) as well as state distribution utilities, providing a visibility for substantial wind-based capacity addition in FY2019 and FY2020, the ICRA said in a statement
"However, the ability of the nodal agencies to achieve the target wind project awards of 10 GW each in FY2019 and FY2020 remains a challenge, in view of the difficulties being faced by developers in securing connectivity and open access to inter-state transmission network."
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