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India: Supporting Wind Power with Tax Incentives and Ensuring Project Sustainability

Clean Energy Solutions Center | India: Supporting Wind Power with Tax Incentives and Ensuring Project Sustainability   India’s domestic income tax law provides a 10-year tax holiday for wind generation and  distribution projects, if power generation began before 31 March 2014. Under this policy, wind  operations pay a minimum alternative tax of approximately 20% (based on income). After 10  years of operation, the tax can be offset. This policy design element helps to ensure ongoing  operation of the plant and sustainable deployment outcomes