India might ramp up its wind power capacity by eight-fold to 185 GW from the 2015 level, which would entail investment o f $42 billion, said the International Renewable Energy Agency (Irena).

This figure is ahead of other forecasts and official targets.

In addition, power generated by renewable sources is expected to increase by 137TWh a year to 595TWh, with wind power making up 345TWh of this.

In its Indian Wind Energy Outlook 2016 study, the Global Wind Energy Council (GWEC) has forecast that the country would have somewhere between 111GW and 163GW installed by 2030.

India is projected to have approximately 32.6GW of wind power installed by 1 September, according to latest figures by Windpower Intelligence, the research and data division of Windpower Monthly.

Irena’s 185GW figure, therefore, would be part of an “accelerated uptake of renewable energy beyond the country’s current plans”, analysts said.

Meeting this target would also require “massive achievement”, the report added.

India is the latest country to have its potential for scaling-up renewables scrutinised by IRENA as part of the intergovernmental organisation’s REmap programme. It has also analysed countries such as China, Germany, Indonesia, Mexico, Russia and the US.

India’s population is expected to grow from 1.3 billion today to 1.5 billion by 2030, according to the UN.

Additionally, it is estimated that 80 million households — roughly 300 million people — have limited or no access to electricity.

The rapid increase in the uptake of renewables would in part be a response to the necessity of meeting a growing population’s demand for energy and electricity, the report said.

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