Turbine makers hit by regulatory issues, slow demand, Chinese imports

Foreign companies and imports from China are increasing footprint in India

The troubles at Suzlon Energy, the largest player among domestic turbine makers, are symptomatic of the industry. 

Leading turbine manufacturers with more than 80 per cent market share are staring at weak order pipelines, losses, and regulatory niggles. At the same time, foreign companies and imports from China are increasing their footprint in the country, sparking worries of cost escalation among power producers.
 
At the same time, commissioning of wind power project has slowed down to a historic low. Last financial year, 742 MW of wind projects were commissioned. This is when the Centre has tendered out close