The wind energy sector is hoping the Central Government announces the details of the generation-based incentive soon to encourage investments.
The Government has committed to reintroduce the incentive for wind energy generators in the Central budget. But the details of the policy and the effective date are yet to be announced.
The incentive is crucial for wind energy growth, according to Ramesh Kymal, Chairman, Indian Wind Turbine Manufacturers Association.
Similarly, the Centre should also ensure the State electricity utilities conform to the renewable purchase obligation