India seeks to revive interest in wind energy

The government plans to revive interest in the wind energy sector by reintroducing tax and fiscal incentives that were removed last year, a move that a lobby group alleges caused a fall of 1,500 megawatts (MW) in wind power generation in 2012-13.

Specifically, the government is considering the reinstatement of accelerated depreciation benefits, which reduce tax and strengthen cash flows, and generation-based incentives (GBIs).


The Indian Wind Power Association grouping has been lobbying for such a change and the ministry of new and renewable energy (MNRE) has now drafted a note to this effect that