Beleaguered wind industry to meet Minister on August 1

The Minister for New and Renewable Energy, Dr Farooq Abdullah, is scheduled to meet representatives of the wind power industry on August 1.

This comes in the backdrop of wind power capacity addition being estimated to work out to half of what it was last year.

Much is not well with the Indian wind industry today.

‘Accelerated Depreciation’ is gone, ‘Generation-Based Incentive’ is gone and the industry is preparing to make a strong pitch for restoration of these benefits.

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