With an overall target of achieving 175 GW of renewable energy by 2022, the Ministry of New and Renewable Energy has set a target of 60,000 MW for the country’s wind energy production, a goal that India is close to achieving with the recent developments in the wind energy sector. With investors pouring in investments in the sector, India registered a record capacity addition of 5502.39 MW of wind power in 2016-17, exceeding its target by 38%.
Wind energy, now, is also the cheapest source of clean energy in India, priced at an all time low of Rs 2.43 per unit.