Press release
Why the Wind Turbine market is thriving all over the India? Players involved: Wind World Ltd., RRB Energy Ltd., Global Wind Power
Wind Turbine market
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HTF's latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy. As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government's decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market's growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present.
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Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years.
Companies Mentioned in the Report
Public Companies
Suzlon Energy Ltd., The Tata Power Company Ltd.
Private Companies
GE India Industrial Pvt. Ltd., Vestas Wind Technology India Pvt. Ltd., Kenersys India Pvt. Ltd., Gamesa Wind Turbines Pvt. Ltd., Wind World (India) Ltd., RRB Energy Ltd., Global Wind Power Pvt. Ltd., Regen Powertech Pvt. Ltd., Winwind Power Energy Pvt. Ltd., Chiranjjeevi Wind Energy Ltd., Inox Wind Ltd., Leitwind Shriram Manufacturing Ltd.
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Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14), Inflation Rate: Monthly (Jun 2013 - Nov 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Aug 2013 - Jan 2014)
Slide 4: Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12), Trade Balance: Annual (2009-10, 2010-11, 2011-12, 2012-13), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13)
Introduction
Slide 5: India - Energy Scenario and Region-Wise Installed Capacity
Slide 6: Renewable Energy Scenario, Energy Market Segmentation and Renewable Energy Market Segmentation
Slide 7: Wind Power - Generation Procedure & Cost Component
Slide 8: Wind Turbine Generator Components
Slide 9: Turbine Technology Options
Slide 10: Types of Turbine Towers
Market Overview
Slide 11: Wind Turbine - Market Overview, Market Size & Growth (Value-Wise; 2007 - 2018e)
Slide 12: Market Segmentation - Geared vs. Gearless and Ownership of I
....Continued
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