India has set a target of harnessing 140 GW (out of which 30 GW is offshore wind) installed wind energy capacity by 2030. The Central Electricity Authority (CEA) has estimated a 17.13% (140GW) share of wind energy in the likely installed capacity in 2029-2030 to ensure an optimal generation capacity mix (CEA 2020). However, recently annual wind capacity additions have declined, hindering India’s implementation to decarbonize the power sector, as well as other sectors such as heavy industry and transport.

To meet India’s net-zero and renewable energy targets, and safeguard energy security and self-sufficiency in the course of its clean energy transition, the Government of India must revitalize the growth of wind power.

This publication presents insights into India’s current auctions regime, industry perspectives on the policy recommendations to restore wind growth and socioeconomic opportunities that lay ahead.