INDIA is fast emerging a “WIND ENERGY SUPER POWER” with an installed capacity of 12,809 MW of WIND POWER PLANTS as on 30th September 2010.
Various concessions are given by the Government like 10 year Income tax exemption, Excise duty exemption, concessional import duty, benefits of acclerated depreciation / Generation based Incentive of 1 Cent / Kwh. Government buyback of electricity so generated and PPA - Power Purchase Agreement done for 20 to 25 years.
Returns from wind energy are higher than government securities and does not involve risks and volatility of stock markets are an added attraction to invest in this sector.
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