♦ According to a Crisil report, 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 2023-24.

♦ 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.

♦ 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.

♦ The government’s push for hybrid renewable projects—combining solar, wind, and/or storage—along with a more favorable cost structure for wind projects, is expected to drive capacity growth, the report stated.

♦ Wind power is expected to account for 30–50% of these hybrid projects, as it generates electricity during peak demand periods, unlike solar power, which is mostly active during daytime hours.