Wind repowering can attract Rs 40,000 crore investments: Report

The government’s proposed policy to re-power old windmills can attract investments worth over Rs 40,000 crore, including the cost of acquiring and dismantling old plants, over the next three to five years, says a report. The wind power capacity has been stalling since 2018 when solar power took off at a faster pace and between March 2018 and December 2022, the net addition was only 8 gw to take the total to 42 gw while between 2010 and 2018 the country added 34 gw.