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Announcing The Launch of The Indian Wind Energy Alliance (IWEA)- The Apex Body For The Wind Energy Industry in India


December 3, 2014 - New Delhi, Delhi, India

  • Indian Wind Turbine Manufacturers’ Association (IWTMA) and Wind Independent Power Producers’ Association (WIPPA) join hands to form the Indian Wind Energy Alliance (IWEA) to promote and protect the interest of all stakeholders of the Wind Energy Industry in India
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Today, we announce the launch of the Indian Wind Energy Alliance (IWEA), the apex body for the Wind Energy Industry in India, by Shri Piyush Goyal, the Hon'ble Minister of State with Independent Charge for Power, Coal and New & Renewable Energy, Government of India. IWEA is a consortium of the Indian Wind Turbine Manufacturers Association (IWTMA) and the Wind Independent Power Producers Association (WIPPA), the two leading trade bodies representing respectively the manufacturing and investing or customer side of the wind business. The objective behind the formation of this alliance is to promote and protect the interests of all stakeholders of the Wind Energy Industry including wind energy producers, investors, manufacturers, component makers and other stakeholders. It will provide a pan India forum, create an atmosphere of cooperation and address various issues faced by the wind energy stakeholders. IWEA will also work closely with the government to achieve the target of 10 GW of new wind installations every year.
 

Present at the occasion, Shri Piyush Goyal said, “There is need to enhance wind power development in the country, and the government will provide all the necessary support to the industry to achieve the target of 10,000 MW of wind power installations every year. The formation of IWEA will not only benefit the Wind Energy Industry as a whole but also partner with the Government in fulfilling Hon’ble Prime Minister Shri Narendra Modi’s vision to bring power to every home by 2019”
 
Speaking at the occasion, Mr. Sumant Sinha, the first Chairman of IWEA and Chairman and CEO of ReNew Power, said, “The potential of the wind sector in India is far greater than what is currently being projected and the formation of IWEA will provide an impetus to the wind energy industry by establishing and assisting scientific laboratories, workshops, institutes and organization in the Wind Energy Industry. There is a lot of scope for the wind energy sector to grow in India and Government’s support is critical to achieving the national objectives specially given the government’s renewed interest on wind and other renewables.”
 
“Wind energy is poised to contribute substantially to India’s energy security as its generation has almost tripled during the last 6 years. IWEA is determined to work with communities, the government, and member organisations to ensure that the national ambitions are realized. The formation of this apex body for the Wind Energy Industry will further attract more private sector investments and contribute to the economy by job creation in rural areas,” said Mr. Madhusudan Khemka, Vice - Chairman, IWEA and Managing Director of ReGen Powertech.
 
The total wind power capacity installed worldwide is 3,21,559 MW by the end of 2013. India has about 6.35% share of total wind capacity. India with 20,215 MW installed capacity by Dec 2013 ranks fifth in the world. There are significant contributions made by the wind energy sector during the 11th Five Year Plan which include consistent achievement of the planned capacity addition targets, attracted private sector investment worth ₹44,000 crore. A cumulative emission reduction of 68 million tCO2 has been achieved which is equivalent to deemed environment benefits of ₹5,200 crore. Also, wind power helped save 41 million tonnes of coal imports during the 11th Five Year Plan, leading to an estimated forex savings of ₹19,800 crore.
 
About IWEA

IWEA is a consortium formed by the coming together of IWTMA and WIPPA to secure, promote and protect the interest of all stakeholders of the Wind Energy Industry including wind producers, investors, manufacturers, component makers and other stakeholders.
 
About IWTMA

IWTMA is an association formed to promote and harness wind energy for an all inclusive sustained growth-now and in the future. The association is over 15 years old with 18 members consisting of OEMs and component manufacturers. It represents more than 90% of Indian wind energy installations. IWTMA aggressively campaigns for “Green Revolution” to encompass the economy, business, rural employment and contribute towards self reliance to meet the growing need of power. The association has promoted number of events involving school children under the brand called Vaayu Vandhanam.
 
About WIPPA

Wind Independent Power Producer Association (WIPPA), has been set up as an independent body that provides a neutral platform for the discussion and examination of issues critical to the development of the wind power sector in India. WIPPA is a national body representing all the major IPPs operating in wind industry in India. The primary goal of the Association is to bring together all the important players, including government officials and multi-lateral agencies on a common platform to discuss generic issues and resolve problems that may hinder the progress and development of projects in the Indian Wind energy sector. Presently it is a 30 member strong association and they have been the key investors in the wind industry across the country. The collective investment of all the members in this sector has so far been around Rs 25,000 crores and members are expected to invest another Rs 70,000 crores during the 12th  Plan Period. Members have an operating capacity of over 4,500 MW as on date spread across different states.

Photo Caption:
Mr.Sumant Sinha (Chairman IWEA), Mr.Madhusudan Khemka (Vice Chairman), Shri Piyush Goyal (Minister of Coal and new and renewable energy) at the launch of the apex body Indian Wind Energy Alliance
 

Source: Business Wire India

BusinessWireIndia

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