IN­DIA – RE­NEW­ABLE EN­ERGY IN­VEST­MENTS

Power Watch India - - GREEN AHEAD -

Af­ter al­most a year of anx­ious wait­ing, In­dia’s wind sec­tor fi­nally re­ceived some good news in late Fe­bru­ary fol­low­ing the pre­sen­ta­tion of the 2013–14 bud­get to Par­lia­ment. It in­cluded a fi­nan­cial pack­age al­lo­cat­ing sub­si­dies to­tal­ing INR8b (US$147m) to wind power projects in the up­com­ing fis­cal year, af­ter GBIs for the sec­tor were scrapped in March 2012. Project de­vel­op­ers

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