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.

• This growth, driven by government measures to accelerate the sector, is expected to increase the country’s total installed wind capacity to approximately 63 GW by 2026-27, according to a report released recently.
• Capacity additions in financial years 2023-24 and 2024-25 remained tepid, ranging between 6-7 GW, due to fewer successful auctions of wind capacities—5.9 GW in FY21-23 and 5.2 GW in FY23-25—according to a Crisil report.
• The slow progress was largely attributed to weak developer interest caused by low tariffs that dampened returns, as well as challenges related to land availability and transmission infrastructure in high wind potential areas, the report noted.