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Leading wind turbine manufacturer Suzlon reportedly wants to capture about 30 percent
of the 20,000 MW of wind capacity likely to be put in in the 2020-21 fiscal year.
According to industry estimates, under the thumb rule of Rs 650 crore per megawatt, 30 per cent share translates into revenue of about Rs 39,000 crore
.
Suzlran's chief financial officer said the domestic wind power market is on a growth trajectory, with 7,500 MW of capacity already auctioned, 10,000 MW tenders underway and another 3,000 MW to be auctioned
soon.
"This allows us to see that with nearly 20,000 megawatts of capacity invested in fiscal 2010, we are confident that we have 30 percent of the capacity
," he revealed.
”
According to him, the company currently has a 20% share
of the 7,500 MW of wind capacity that has been auctioned.
He further believed that FY19 might not see significant commissioning volumes
due to the extension of the transition period due to the new bidding system, which increased the project execution time from 9 months to 18 months.
"We are confident that the industry will grow from FY20 as previously won projects will be executed and new tenders are in the pipeline
," he said.
”
:/, please indicate the source for reprinting)
Leading wind turbine manufacturer Suzlon reportedly wants to capture about 30 percent
of the 20,000 MW of wind capacity likely to be put in in the 2020-21 fiscal year.
According to industry estimates, under the thumb rule of Rs 650 crore per megawatt, 30 per cent share translates into revenue of about Rs 39,000 crore
.
Suzlran's chief financial officer said the domestic wind power market is on a growth trajectory, with 7,500 MW of capacity already auctioned, 10,000 MW tenders underway and another 3,000 MW to be auctioned
soon.
"This allows us to see that with nearly 20,000 megawatts of capacity invested in fiscal 2010, we are confident that we have 30 percent of the capacity
," he revealed.
”
According to him, the company currently has a 20% share
of the 7,500 MW of wind capacity that has been auctioned.
He further believed that FY19 might not see significant commissioning volumes
due to the extension of the transition period due to the new bidding system, which increased the project execution time from 9 months to 18 months.
"We are confident that the industry will grow from FY20 as previously won projects will be executed and new tenders are in the pipeline
," he said.
”
:/, please indicate the source for reprinting)
/
