WIPPA urges government action for wind energy growth

13 Jun 2023 CW Team

To promote awareness about wind energy in anticipation of Global Wind Day on June 15, WIPPA, in collaboration with the Ministry of New and Renewable Energy (MNRE), will organise an event.

The Global Wind Day celebration on June 11, 2023, showcased the significant role played by MNRE and WIPPA in rejuvenating India's wind sector.

Dinesh Dayanand Jagdale, the Joint Secretary at MNRE, expressed contentment with the growing gigawatt-scale wind energy projects and the sturdy infrastructure of the wind farms being constructed.

Jagdale stated, "India takes pride in the collective efforts of every state, stakeholder, discom, nodal agency, developer, manufacturer, and financier involved in this journey. With a strong partnership between MahaUrja, MahaDiscom, MNRE, developers, manufacturers, and financiers, I am confident that we will support each other and propel India's wind energy journey. In the future, we will aggressively prioritise the ease of doing business to meet our renewable energy targets."

India had set a target of achieving a renewable energy capacity of 175 GW by 2022, encompassing 100 GW from solar energy, 60 GW from wind energy, 10 GW from bio-power, and 5 GW from small hydro-power.

However, official data reveals that as of May 31, 2023, a total of 173.619 GW of renewable energy capacity has been installed, with wind energy accounting for 43.198 GW.

WIPPA represents wind developers and Independent Power Producers (IPPs) in India, advocating for industry concerns and offering suggestions to both government and non-government entities involved in wind energy development. Its members collectively possess a capacity of approximately 12,000 MW and assets worth over Rs 60,000 crore.

The Wind Independent Power Producers Association (WIPPA) has put forward four key measures aimed at propelling progress in the wind energy sector. In a statement, WIPPA President Parag Sharma called upon the central government to implement these policies, which include the introduction of a bidding plan, facilitating inter-state transmission system (ISTS) open access, addressing the gaps in the late payment surcharge (LPS) system, and providing enhanced support for offshore wind bids.To promote awareness about wind energy in anticipation of Global Wind Day on June 15, WIPPA, in collaboration with the Ministry of New and Renewable Energy (MNRE), will organise an event.The Global Wind Day celebration on June 11, 2023, showcased the significant role played by MNRE and WIPPA in rejuvenating India's wind sector.Dinesh Dayanand Jagdale, the Joint Secretary at MNRE, expressed contentment with the growing gigawatt-scale wind energy projects and the sturdy infrastructure of the wind farms being constructed.Jagdale stated, India takes pride in the collective efforts of every state, stakeholder, discom, nodal agency, developer, manufacturer, and financier involved in this journey. With a strong partnership between MahaUrja, MahaDiscom, MNRE, developers, manufacturers, and financiers, I am confident that we will support each other and propel India's wind energy journey. In the future, we will aggressively prioritise the ease of doing business to meet our renewable energy targets.India had set a target of achieving a renewable energy capacity of 175 GW by 2022, encompassing 100 GW from solar energy, 60 GW from wind energy, 10 GW from bio-power, and 5 GW from small hydro-power.However, official data reveals that as of May 31, 2023, a total of 173.619 GW of renewable energy capacity has been installed, with wind energy accounting for 43.198 GW.WIPPA represents wind developers and Independent Power Producers (IPPs) in India, advocating for industry concerns and offering suggestions to both government and non-government entities involved in wind energy development. Its members collectively possess a capacity of approximately 12,000 MW and assets worth over Rs 60,000 crore.

Infrastructure Urban

07 Oct 2025

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Building Material

07 Oct 2025

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Infrastructure Energy

07 Oct 2025

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..