India Allows 100% FDI in Renewable Energy

By Narsi Santhanam • Dec 15th, 2009 • Category: Uncategorized

The government allows 100 per cent foreign direct investment (FDI) in the renewable energy sector and has put in place a conducive policy to attract foreign companies in the sector.

The government, he said, has formulated a generation-based incentive scheme in wind power projects, especially for the foreign investors, who cannot avail of benefits of the accelerated depreciation as in the case of domestic investors.

Source

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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