Wind industry seeks export incentives, forging PLI support

The Story in Brief

The Indian Wind Turbine Manufacturers Association has asked the Union Ministry for New and Renewable Energy for an export-linked incentive scheme, its CEO Aditya Pyasi told The Hindu. The proposed support could be linked to manufacturers’ export turnover or rupees per megawatt for five to seven years. The association has also sought export finance and credit for domestic buyers.

The industry body wants incentives for Indian production of large bearings and flanges used in bigger turbines. It says platforms of 3 to 3.5 MW are 80 to 85% indigenous, while larger platforms depend on imported forging facilities and specialised high-strength steel. Pyasi said wind power has a 36 to 40% capacity utilisation factor, compared with about 85% for coal, making installed capacity and actual generation different measures.

The Indian Opinion

The easy claim that subsidies alone can make Indian turbines competitive misses the supply-chain gap described here. The opposite claim, that imports automatically mean domestic industry has failed, is just as lazy. Any support should be time-bound and tied to exports, local components and lower costs, not protected sales. The practical test is whether manufacturers can close the price gap with Chinese equipment within the proposed five to seven years.

Source: thehindu.com

This story was synthesised by AI from the source linked above.

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