Wind Power Growth Gains Momentum With 50 GW of New Capacity Expected by 2030

India’s wind power sector is entering a decisive growth phase heading into 2030. The Global Wind Energy Council projects wind capacity reaching 107 GW by 2030, up from 56.09 GW installed as of March 31, 2026. That trajectory implies roughly 50 GW of new wind power capacity over the next four years. FY2025-26 alone added a record 6.05 GW, a 46% jump over the previous year’s additions.

Record Capacity Additions Signal Strong Momentum

India’s wind power sector just posted its best-ever annual performance. The 6.05 GW added during FY2025-26 surpassed the previous record set back in FY2016-17.

• Cumulative installed wind capacity crossed 56.09 GW as of March 31, 2026.
• That marks a 46% year-over-year increase in new capacity additions.
• Gujarat and Tamil Nadu together account for roughly half of India’s total installed wind power.

Karnataka, Maharashtra, Rajasthan, and Andhra Pradesh round out the other major wind power-producing states. This broad geographic spread reduces India’s dependence on any single region’s wind resource availability.

Why GWEC’s 107 GW Target Matters

The Global Wind Energy Council’s India Wind Report 2025 sets a clear benchmark for the sector’s trajectory. Reaching 107 GW by 2030 would nearly double current installed wind power capacity.

• That expansion could add approximately 154,000 jobs across India’s wind power value chain.
• GWEC projects India’s wind capacity could reach 452 GW by 2050 under accelerated adoption.
• India already ranks as the world’s third-largest wind equipment manufacturing hub.

GWEC CEO Ben Backwell called India’s wind power scale-up capable of unlocking “economic growth, manufacturing expansion, and wider energy access” nationwide.

This is WILD!

US data center power demand is projected to surge 253% from 2026 levels to a record 194 gigawatts by 2035, with data centers expected to consume roughly 20% of all US electricity by that point, up from just 6% today.

For context, one gigawatt is roughly the output… pic.twitter.com/Sz6RhAo3z4

— Milk Road AI (@MilkRoadAI) July 24, 2026

Government Targets Push Even Higher Than GWEC’s Forecast

India’s official government target for wind power actually exceeds GWEC’s independent projection. The Ministry of New and Renewable Energy aims for 140 GW of wind capacity by 2030.

• That wind target forms part of India’s broader 500 GW non-fossil fuel capacity goal.
• Total non-fossil capacity already reached 283.46 GW as of March 31, 2026.
• India hit 50% non-fossil fuel capacity share five years ahead of its Paris Agreement schedule.

Wind power auction tariffs fell to ₹2.77 per unit in 2023, making the technology genuinely cost-competitive against conventional power sources.

Policy Reforms Are Reshaping Wind Power Bidding

India recently overhauled its wind bidding process to address pricing volatility concerns. The shift moves away from reverse auctions toward a more transparent structure.

• A single-stage, two-envelope competitive bidding system now helps prevent unrealistic pricing bids.
• ISTS transmission charge waivers continue supporting new wind power project economics.
• Domestic manufacturing capacity for wind turbines now exceeds 18 GW annually.

These reforms aim to restore investor confidence after margin pressure hit manufacturers following the earlier shift from feed-in tariffs to competitive bidding.

Offshore Wind and Manufacturing Stocks in Focus

India’s next wind power growth phase increasingly points toward offshore development and domestic manufacturing scale-up. A 4 GW offshore wind tender is already planned to support green hydrogen production.

• Suzlon Energy and Inox Wind remain India’s leading listed wind turbine manufacturers.
• Adani Green Energy continues expanding hybrid wind-solar project capacity across multiple states.
• National Institute of Wind Energy estimates raw wind potential at 695.5 GW at 120-meter height.

This vast untapped potential suggests India’s current 56.09 GW installed base still represents a small fraction of the resource available nationwide.

The Road to 2030

India’s wind power sector stands at a genuine inflection point, with GWEC and government targets both pointing toward roughly 50 GW of fresh capacity by 2030. Record FY2025-26 additions of 6.05 GW show the pace is real, not just a projection. Cheaper tariffs, transmission waivers, and a fairer bidding process are removing the friction that slowed earlier growth. 

The bigger question now is execution: whether manufacturing, grid infrastructure, and offshore development can scale fast enough to turn a 50 GW target into installed generating capacity by 2030.

Disclaimer:

The content shared by Meyka AI PTY LTD is for research and informational purposes only. Meyka is not a financial advisory service, and the information provided should not be treated as investment or trading advice.