Renewable Energy

Wind Energy

Opportunity in India

Lack of professional players

Unlike other wind markets, India does not have professional developers and hence manufactures have taken the role of developers as well which is not their core competency
Existing players are more like land brokers and do not have end to end development skills

Global players want to focus on technology

Global players like Gamesa, GE, Siemens, and Vestas want to focus on technology and product.
Development is not their core competency

Entry of renewable IPPs

Growth is going to be driven by IPPs as corporate demand for tax planning purposes will diminish post March 2012 IPPs need bankable wind data and projects which would meet the returns on capital