NOVEMBER20178Headquartered in Gurgaon, Schneider Electric is the global specialist in energy management and automation which helps the customers by making the optimum utilization of energy by connecting with renewable energy sources. By Anurag Garg, VP ­ Solar, Schneider Electric IndiaBased upon ambitious tar-gets in renewables, In-dia is increasing its total installed capacity in so-lar and wind energy via higher investments and research collaborations. Since assuming office in May 2014, the NDA Government has set ambitious targets in the power sector and the renewables segment. Presently, India has the fifth-largest power generation portfolio, with an installed capacity of 304.7 GW in July 2016. It is also the fourth-largest wind energy producer in terms of installed capac-ity, following China, the U.S. and Germany. The country now targets 175 GW of capacity from renewables by 2022, of which 60 GW will come from wind energy. Besides solar, wind energy plays an im-portant role in India's power plans. At pres-ent, India's total wind power installed ca-pacity is about 27 GW, which accounts for around nine percent of the country's total in-stalled capacity. This will rise by 4,300 MW in 2016-17 and is set to grow 30 percent annually, with most capacity additions by Andhra Pradesh, Gujarat, Madhya Pradesh, Karnataka, Rajasthan and Maharashtra, among oth-ers.Before this, the high-est capacity addition in wind happened in 2015-16, when 3,300 MW was installed a growth of 43 percent over the previ-ous year and a record until then. Unprecedented Growth Along with solar, wind energy has seen unprece-dented growth due to tech-nology advancements and a positive policy environment for renewables followed by both the Centre and States. Due to this, the renewables sector INDIA'S SURGING IN MY OPINION
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