India promoting wind power projects in a big way

[OKIsItJustMe]

http://steelguru.com/news/index/2008/03/23/Mzk5OTE%3D/India_promoting_wind_power_projects_in_a_big_way.html

March 23,2008

India promoting wind power projects in a big way

Mr Vilas Muttemwar union minister of state for new & renewable energy said that centre has promoted setting up of commercial wind power projects in India by providing incentives such as concessional import duty for wind electricity generator sub systems, excise duty exemption, ten years tax holiday on wind power projects, benefit of accelerated depreciation, term loan from Indian Renewable Energy Development Agency and identification of more potential locations by carrying out wind resource assessment studies.

Mr Muttemwar said that, this apart, preferential tariff and grid evacuation facilities are provided for wind power in Tamil Nadu. A wind power installed capacity of 7844 MW has been achieved up to December 31st 2007, which includes 3712 MW in Tamil Nadu.

He further added that a capacity addition of 10,500 MW from wind power has been planned in India during the 11th Plan period. Tamil Nadu has planned a target of 2,500 MW from wind power during the 11th Plan period. An outlay of INR 75 crore has been proposed during the 11th Plan to support wind resource assessment and demonstration projects in various states in India.

[diane in sf]

1. I love watching India march into the 21rst century. I spent 6 months traveling

and working there and the degree of poverty and wasted human energy there was horrifying. The terrain throughout central India looks like it has suffered thousands of years of environmental destruction.