Investments in wind repowering could total INR 400 billion: CRISIL
POWER & RENEWABLE ENERGY

Investments in wind repowering could total INR 400 billion: CRISIL

According to research firm CRISIL, the Ministry of New and Renewable Energy’s draught policy for repowering old wind power plants has the potential to spark investments worth INR 400 billion over the course of three to five years, which is nearly three times the average annual wind power capex seen in the previous four fiscals. Ankit Hakhu, Director, CRISIL Ratings, stated that, “this may result in the replacement of around 5 GW of obsolete windmills with new wind power facilities having two times more generation capabilities. Because such projects may yield double-digit returns at prices of around INR 4 per unit for the additional capacity, their feasibility appears to be strong.”

Since their typical power purchase cost is currently INR 4-5 per unit, a pricing like this might draw C&I clients through open access, according to Hakhu. As per the official press announcement, up until March 2018 the total installed wind capacity increased by almost three times, from roughly 13 GW in 2010 to 34 GW. However, the majority of these used windmills with hub heights under 100 metres and narrower turbines with capacities around 1.5 MW. Compared to more recent technologies, they produce less per unit of capital expenditure.

New windmills can operate at hub heights over 150 metres, and they can use turbines with a capacity of more than 3 MW to produce more power per unit of machine capital expenditure. This can make use of locations with significant generating potential but now only have older generation turbines.

According to research firm CRISIL, the Ministry of New and Renewable Energy’s draught policy for repowering old wind power plants has the potential to spark investments worth INR 400 billion over the course of three to five years, which is nearly three times the average annual wind power capex seen in the previous four fiscals. Ankit Hakhu, Director, CRISIL Ratings, stated that, “this may result in the replacement of around 5 GW of obsolete windmills with new wind power facilities having two times more generation capabilities. Because such projects may yield double-digit returns at prices of around INR 4 per unit for the additional capacity, their feasibility appears to be strong.” Since their typical power purchase cost is currently INR 4-5 per unit, a pricing like this might draw C&I clients through open access, according to Hakhu. As per the official press announcement, up until March 2018 the total installed wind capacity increased by almost three times, from roughly 13 GW in 2010 to 34 GW. However, the majority of these used windmills with hub heights under 100 metres and narrower turbines with capacities around 1.5 MW. Compared to more recent technologies, they produce less per unit of capital expenditure. New windmills can operate at hub heights over 150 metres, and they can use turbines with a capacity of more than 3 MW to produce more power per unit of machine capital expenditure. This can make use of locations with significant generating potential but now only have older generation turbines.

Next Story
Real Estate

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Next Story
Infrastructure Urban

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Next Story
Infrastructure Transport

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement