ENA Sectors 2024-10-25 17:35:29 <p><span style="font-size:14px"><strong>New Delhi, Oct 25 (KNN)</strong> India witnessed a substantial expansion in its wind energy sector during the third quarter of 2024, with new installations reaching 706.5 megawatts (MW), marking a 72 per cent increase compared to the same period last year, according to a recent report by Mercom India Research.</span></p> <p><span style="font-size:14px">The growth was primarily driven by increased demand from state distribution companies seeking to meet their renewable purchase obligations (RPO).</span></p> <p><span style="font-size:14px">Despite the year-over-year gains, the sector experienced an 8 per cent decline from the previous quarter's 769.9 MW, attributed to several challenges including grid connectivity delays, transmission infrastructure limitations, and land acquisition hurdles.</span></p> <p><span style="font-size:14px">The sequential decrease highlights the ongoing infrastructure challenges facing India's renewable energy sector.</span></p> <p><span style="font-size:14px">Gujarat maintained its leadership position in the quarter's capacity additions, contributing 356.5 MW to the total.</span></p> <p><span style="font-size:14px">Tamil Nadu followed with 253.2 MW, while Karnataka and Maharashtra added 94.8 MW and 2.1 MW, respectively.</span></p> <p><span style="font-size:14px">Notable projects included JSW Energy's commissioning of a 300 MW interstate transmission system-connected wind power project and Adani Green Energy's launch of a 250 MW facility in Khavda, Gujarat.</span></p> <p><span style="font-size:14px">The country's cumulative wind energy capacity reached 47.3 GW by September 2024, with Gujarat leading at 12.2 GW, followed by Tamil Nadu with 11 GW and Karnataka with 6.6 GW.</span></p> <p><span style="font-size:14px">Maharashtra and Rajasthan each maintained 5.2 GW of capacity, while Andhra Pradesh and Madhya Pradesh recorded 4.1 GW and 2.8 GW, respectively.</span></p> <p><span style="font-size:14px">The Tamil Nadu government introduced the Repowering, Refurbishment &amp; Life Extension Policy for Wind Power Projects Policy 2024 in September, aiming to enhance wind energy production efficiency and optimise resource utilisation across the state.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 39712 https://knnindia.co.in/news/newsdetails/sectors/indias-wind-energy-sector-surges-with-72-growth-in-q3-2024-mercom 2024-10-25 17:35:29 knnindia.co.in