Indian wind power

Dear Readers,

Greetings from IWTMA!

 We are living in times with unprecedented opportunities. While there will be challenges along the way, it is heartening to have the new and bold pledge of India to achieve 500 GW renewable energy capacity by 2030 and to become net carbon neutral by 2070. It is my firm belief that wind energy and green hydrogen will play a great role in meeting our county’s climate and RE targets.

Recent Highlights

• The recent Union Budget presented by the Hon’ble Finance Minister for FY 2022-23 had no significant positive announcements for the wind energy sector. As expected, Government of India withdrew the Concessional Customs Duty (CCDC) on wind components which were available to the sector for over two decades. The industry has responded well and continues its push towards ‘Make in India’ or ‘Atmanirbhar Bharat’. However, the industry will make a representation to the Government on the continuity of CCDC for items that are currently not manufactured in the country or items that cannot be manufactured in the country such as Balsa Wood, Pultruded Carbon Fibre Rods and Permanent Magnets.

• The recent conflict between Russia and Ukraine has pushed the price of crude oil to USD 110 per barrel which will have a ripple effect on petroleum products and result in increase of commodity prices. While this may impact our own profitability and supply chains in the short term, it also goes to show that Renewable Energy is a fitting answer to all such challenges in the long run.

Others Details

The temperature of the lubricant usually heats up when working because of the contact between the bearing and the gear. A lubrication oil heating system is needed to heat the lubricant to the perfect temperature for being most effective on the wind turbine.