Wind energy tariffs and equipment pricing in India continued to reflect a broadly stable trajectory during the second half of 2025, shaped by policy developments, expanding offshore wind ambitions, and sustained momentum in onshore capacity additions. Onshore wind tariffs remained competitive relative to other renewable energy sources, supported by a maturing domestic supply chain and steady turbine procurement activity across key wind-rich states.
Wind turbine and component prices remained largely stable during the period, with modest easing observed across select equipment categories. Blade and nacelle costs edged lower as domestic manufacturing capacity expanded and procurement volumes increased, improving economies of scale for major developers. Tower section prices tracked movements in upstream steel markets, which softened through much of the half-year, offering some relief on civil and structural costs. Offshore-specific equipment, including marine foundations, subsea cables, and specialised port handling infrastructure, remained at a significant cost premium relative to onshore equivalents, reflecting the limited domestic supply base and early-stage nature of India's offshore wind industry. The offshore wind segment drew considerable attention following the government's approval of viability gap funding for projects off the Gujarat and Tamil Nadu coasts. Renewable purchase obligation targets continued to drive procurement demand, though compliance gaps in certain states created pockets of uncertainty.
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According to Procurement Resource, wind energy tariffs are expected to hold steady in the near term, with offshore costs gradually declining as project scale increases and domestic value chains develop.
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Wind energy equipment prices in India maintained a broadly stable-to-softening trend during Q2 2025, as accelerating capacity additions and expanding domestic manufacturing activity continued to influence procurement dynamics. Turbine component costs, including blades, nacelles, and tower sections, reflected the competitive pressure generated by a strengthening local supply chain, with India's growing base of over seventeen wind turbine manufacturers contributing to improved availability of key equipment. Average daily wind generation recorded a significant year-on-year increase, which softened power purchase costs for distribution companies and industrial buyers. This shift in generation economics altered procurement strategies, with buyers increasingly favouring real-time market platforms over longer-term fixed-price arrangements.
On the installation front, project activity gained momentum during the quarter, supported by policy incentives and an anticipated change in transmission charge waivers that accelerated commissioning timelines. India's renewable capacity additions remained on an upward trajectory, with wind contributing meaningfully to overall output growth. The broader policy environment, including wind-specific renewable purchase obligations, supported equipment demand from developers across key wind-rich states.
Wind power or wind energy refers to the utilisation of the wind to generate electricity or mechanical power through wind turbines. These wind turbines help to transform the kinetic energy in wind to mechanical power through rotating propeller-like blades around a rotor.
The mechanical power can either be converted into electricity using a generator or can be directly utilised for specific tasks like grinding, milling and pumping. The amount of energy a turbine can harness from the wind depends on factors like wind speed, swept area, and air density.
Wind Power
Biofuel/Clean Fuel Source, Generation of Electricity, Generation of Mechanical Power
Vestas Wind Systems A/S, ENERCON GmbH, Siemens Gamesa Renewable Energy, S.A, Senvion Deutschland GmbH
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
A wind turbine or a windmill is basically a machine which can convert the wind's kinetic energy into rotary mechanical energy, which can be directly utilised to do work. In some advanced models, the rotational energy is converted directly into electricity, that is, the most versatile form of energy. It is done with the help of a generator.
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