The coming together of IWTMA and WIPPA represent the coming together of the manufacturing and customer side of the wind business.
The new body was inaugurated by Piyush Goyal, MoS of Coal, Power and Renewable Energy, and will be chaired by Sumant Sinha, Chairman and CEO of ReNew Power.It hopes 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 and address various issues faced by the wind energy stakeholders.
Sumant Sinha, at the launch said that 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.
As on March 31, the Indian wind energy sector has an installed capacity of 21,141.36 MW. In terms of wind power installed capacity, India is ranked 5th in the World. Today India is a major player in the global wind energy market.