Indian Wind Turbine Giant Says Nation Set to Meet 2030 Target

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Wind Power:A Suzlon Energy wind turbineSuzlon Energy Ltd., India’s largest wind turbine maker, said the nation is on course to hit its goal of 100 gigawatts of wind capacity by the end of the decade, as installations accelerate to meet growing demand for round-the-clock supply.Wind power demand from state utilities, the biggest retailers in the country, is estimated to reach 107 gigawatts over the next five years, lending momentum to the sector, Executive Vice Chairman Girish Tanti said in a phone interview on Monday. Should there be a shortfall in purchases from government buyers, there’s enough demand from industrial clients to fill the gap, he said.
