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Business News Today: Latest Business News, Finance News

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Pralhad Joshi launches India’s first wind turbine supply ...
BL New Delhi Bureau · 2026-06-15 · via Business News Today: Latest Business News, Finance News
Minister of New & Renewable Energy Pralhad Joshi

Minister of New & Renewable Energy Pralhad Joshi | Photo Credit: bl-online Administrator

The Minister of New & Renewable Energy Pralhad Joshi on Monday launched the Wind Turbine Supply Chain Management (WT-MARUT) Portal, which is India’s first dedicated digital platform for wind supply chain management.

Developed under the aegis of the Ministry of New & Renewable Energy (MNRE) supported by the Indian Wind Turbine Manufacturers Association (IWTMA), WT-MARUT portal will provide visibility for component sourcing, and support domestic sourcing requirements under the ALMM framework, IWTMA said.

It will also enable supplier discovery and qualification, strengthen collaboration across the supply chain, enhance export readiness and ensure secure hosting of industry data within India, the industry body added.

The portal was launched by the Minister at the Global Wind Day Conference in Goa on Monday.

“As India enters its next phase of growth, unlocking global opportunities will be critical, and initiatives like WT-MARUT Portal will strengthen supply chain visibility, boost domestic manufacturing while enhancing India’s competitiveness in global markets,” Joshi noted.

The launch comes at a time when India’s wind sector is witnessing strong momentum. The country added a historic record 6.1 gigawatt (GW) of new wind capacity installation in FY26, marking its highest-ever annual installation, an increase of 46 per cent Y-o-Y.

With over 56.1 GW of installed capacity, India is now the world’s fourth-largest wind energy market yet less than 5 per cent of its estimated 1,164 GW wind potential has been utilized.

All industry stakeholders including the Central Electricity Authority (CEA), TERI, National Institute of Wind Energy (NIWE) have recommended that 100 GW of wind is needed by 2030 to ensure that the energy transition is successful, affordable and sustainable.

The Minister expressed confidence in the sector achieving 100 GW of wind installations by 2030 and 155 GW by 2035.

As per a IWTMA and PWC report, India’s wind turbine exports surpassed Rs 12,000 crore in FY26, nearly 50 per cent higher than FY25. India’s export potential is pegged to reach 10 per cent by 2030 and 20 per cent by 2040

Published on June 15, 2026