Daily Archives: April 8, 2012

Wind Independent Power Producers welcome scrapping of Accelerated Depreciation

The wind industry is divided over abolition of ‘accelerated depreciation‘ benefit (which allowed higher depreciation for calculating taxable profits in the first year of buying a wind turbine.) While the Indian Wind Turbine Manufacturers’ Association (IWTMA) has expressed dismay over … Continue reading

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Karnataka has asked developers for downward revision of the bids based on the Odisha model

As expected states have now started taking the initiative on the lines of the JNNSM bidding by asking developers to push downward solar grid tariffs. In a similar vein, solar power developers who have bid for projects under the Karnataka … Continue reading

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