India’s wind power capacity will increase to 63 GW by 2026–27.
India’s annual wind power capacity addition is projected to more than double to an average of 7.1 gigawatts (GW) over the next two financial years, compared with 3.4 GW in fiscal year 2023-25.
According to a report released on 24 February, this growth, driven by government measures to boost the sector, is expected to raise India’s total installed wind capacity to about 63 gigawatts by 2026–27.
According to a Crisil report, capacity addition remained slow in FY2023-24 and 2024-25, ranging between 6-7 GW.
This was due to less use of wind power capacities, which stood at 5.9 GW in FY21-23 and 5.2 GW in FY23-25.
The report said the slow progress is mainly due to weak interest from developers due to low tariffs, leading to low returns, as well as challenges related to land availability and transmission infrastructure in areas with high wind power potential.
Capacity addition is expected to be boosted by government incentives for hybrid renewable projects—combining solar, wind, and/or storage—as well as a more favorable cost structure for wind projects.
Wind power is expected to contribute 30-50% to these hybrid projects, as it generates power during peak demand times, while solar power is mostly active during the day.