Major wind project acquisition gets cancelled following an APERC order
A recent order of Andhra Pradesh Electricity Regulatory Commission (APERC) was stayed by the Andhra Pradesh High Court related to the reduced tariff of electricity supplied by the wind projects that received Generation-based Incentive (GBI) from the center. A recently proposed
India slips to eighth spot in RE attractive index
India’s overall ranking slipped from previously fourth position to eighth position recently in the world renewable energy attractive index as per Ernst & Young survey. This survey was for first quarter of 2013. The reason for such a decline in
IWPA knocks GoI to reinstate Accelerated Depreciation
Indian wind power association (IWPA) has issued a press release urging Government of India to restore the benefits of Accelerated Depreciation (AD) to wind power producers, which was surprisingly withdrawn in April 2012. IWPA on behalf of small and medium
Hike in GBI for wind power projects
According to Bloomberg's article, the wind farms in India will receive a hike in their subsidy ( from 50p to 80p for per unit of the electricity generated). Under the Operational Guidelines for implementation of "Generation Based Incentive
Accelerated Depreciation Benefit for Wind Projects Withdrawn
Recently the Central Government withdrew Accelerated Depreciation (AD) benefit for wind projects. This was widely anticipated (we had covered it earlier here), but there were some uncertainties (see Economic Times article of a few days back which said the benefit