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
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->