Energetica India Magazine nº88 March-April 2020

This calls forgreater thrust to round-the-clock supply tenders for renewable energy and integrated planning, taking into ac - count load growth, potential load shifts, and existing supplymix. Then, there is the spurt in execution risk for developers, who could face damages for commissioning delays. To wit, the wind-turbine-generator manufacturing capacity in India is ~10 GW today, compared with annual average wind energy installations of ~1.7 GW over the past two years. Poor demand for equipment, coupled with the fact that orders are being won at thin margins – a double whammy – has pushed original equipment manufacturers (OEMs) into a financial cri - sis. While Suzlon and Inox Wind have reported large net loss - es, ReGenPowertech has entered insolvency proceedings. Also, operation and maintenance of turbines has been impact- ed because of working capital-related issues. With the num - ber of OEMs shrinking, the negotiation power of IPPscould reduce,which would further crimp project returns. Salutary moves of late Amid the inclement weather, the Centre has extended support to the sector through favourable policies and market mecha - nisms, given its thrust to clean energy, led by global commit- ment on climate change. These include: While these measures are positive directionally, timely imple- mentation in true spirit, and continuous support through more steps are critical to ensure the sectorcan survive and thrive. That’s the clarion call in the wind. WIND POWER 58 energetica INDIA- March-April_2020