Wind Energy in India
- Concession on import duty on specified wind turbine components.
- 10 year income tax holiday for wind power generation projects.
- Concessional custom duty exemption on certain components of wind electric generators
- 100% exemption from excise duty on certain wind turbine components.
- REC Mechanism.
- Waiver of Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar and wind power for projects to be commissioned up to March, 2022.
- Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route.
- Notification of standard bidding guidelines to enable distribution licensee to procure wind power at competitive rates in cost effective manner.
- Declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2022.
- Implementation of Green Energy Corridor project to facilitate grid integration of large-scale renewable energy capacity addition.
- Technical support including wind resource assessment and identification of potential sites through the National Institute of Wind Energy, Chennai.
- IREDA finance scheme for wind power projects.
- Special incentives provided for promotion of exports from India for various renewable energy technologies under renewable sector specific SEZ.
- Feed-in-Tariff (FIT) scheme for wind projects upto 25 MW.
- Accelerated Depreciation – ended in 2017
- GBI scheme for grid interactive wind power projects commissioned before 31 March 2017.
