Asia Report: What's Driving, And Hampering, India's Wind Market Momentum
September 05, 2013 at 07:00 AM EDT
Three weeks ago India's Union Cabinet of Ministers officially approved the revived generation-based incentive (GBI) scheme that was pulled off the table 17 months ago, with some minor changes including low-interest financing, an offshore wind authority, and an increase in the total subsidy a wind plant can claim (INR 10 million/US $160,000, up from INR 6.2 million/$100,000).
