Wind Energy in India

Wind Power Policy

  • 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.