Daily Archive: March 1, 2013

Power sector says Budget 2013 is a mixed bag

The Budget today evoked a mixed reaction in the power sector with large players slamming the import duty hikes, but those in the renewable energy space welcomed the proposal to incentivise wind energy projects....

Welcome recognition of wind energy potential

Finance Minister P. Chidambaram has restored the generation-based incentive to the wind energy sector and provided Rs 800 crore to the Ministry of New and Renewable Energy. He said the “sector deserved incentives.” The...