A slew of announcements over the past few days have done nothing to shed any light on India’s wind power market, the world’s third largest, which, to be gentle, seems to be in an endless state of flux.
In a Bloomberg report on Monday a spokesman for Mytrah Energy, the country’s third largest wind developer, warned that the rate of new wind turbine installations was in a free-fall and would continue to be so due to the government’s inability to formulate a sound policy to support the industry.
The country may install as little as 1,500-MW of capacity by the year ending March 31, about half what it did the previous year
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