India is poised to become a 6GW-plus annual wind market after ‘normalisation’ following a painful transition to competitive procurement, according to local group Inox Wind as it plunged deep into the red for its financial first half.
Inox Wind – an OEM that also competes for projects in national and state auctions – claimed the Indian sector is “ entering the final phase of its journey to a complete auction based regime” ahead of “robust growth” in the 2018/19 financial year starting in April 2018.
