Renewable Energy – Wind, Tidal, Geothermal, etc.

Small wind energy gets boost

  1. Context: Centre offered interest rate rebate, flexibility in timing of tax payments to small wind producers who upgrade their plants
  2. Move is in line with govt’s wind re-powering policy
  3. Strategy: Stepping up power capacity by revamping existing projects rather than going for new ones
  4. Why? Acquiring land and getting green clearances for new projects may be time-consuming
  1. Context: Centre offered interest rate rebate, flexibility in timing of tax payments to small wind producers who upgrade their plants
  2. Move is in line with govt’s wind re-powering policy
  3. Strategy: Stepping up power capacity by revamping existing projects rather than going for new ones
  4. Why? Acquiring land and getting green clearances for new projects may be time-consuming
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