Way Forward For Solar Energy Players In India

Essay specific features

 

Issue:

Business

 

Written by:

Michael S

 

Date added:

June 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2297

 

Was viewed:

972 times

 

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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...
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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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