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Way Forward For Solar Energy Players In India
Essay specific features
Written by:
Michael S
Date added:
June 27, 2014
Level:
University
Grade:
A
No of pages / words:
9 / 2297
Was viewed:
1031 times
Rating of current essay:
Essay content:
Due to global warming and rising CO2 levels, average temperature in India is set to increase by 4 degrees by 2050. Given Government’s recent policy announcement which gives thrust to green and renewable energy, there is a commercial opportunity which can be exploited. Some of the incentives given by the government are:
• Subsidy of Rs 12/unit on medium scale operations (1-5 MW capacity)
• 100% depreciation of equipments used in 1st year itself
• Other tax benefits like zero excise duty
These measures though very limited as compared to other countries like USA or Germany, the world leaders in solar energy, but still it is a step in the right direction...
displayed 300 characters
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Some of the incentives given by the government are:
• Subsidy of Rs 12/unit on medium scale operations (1-5 MW capacity)
• 100% depreciation of equipments used in 1st year itself
• Other tax benefits like zero excise duty
These measures though very limited as compared to other countries like USA or Germany, the world leaders in solar energy, but still it is a step in the right direction...
displayed 300 characters
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