Small Wind Turbine | Blog @ EAI

Archive for the ‘Small Wind Turbine’ Category

AD Benefits for Wind to be Scrapped in 2013

By Hari Manoharan • Jan 20th, 2012

It is no secret that the explosive growth in the wind energy sector in India is chiefly attributed to the accelerated depreciation incentive that has been adopted. AD is a mechanism through which project developers can show that their asset has depreciated at a significantly faster rate over its life thereby reduce their tax liabilities. [...]

Small Wind Turbine Generator, Permanent Magnet Custom Duty Slashed

By Narsi Santhanam • Jul 12th, 2009

July, 2009 Finance minister has reduced the custom duty on permanent magnet, a driect-drive generator used in small wind turbine, from 7.5 percent to 5 percent. This is believed to encourage wind power generators and accomplish India’s XIth Five Year Plan Period (2007-12) target of generating 10,500 MW wind power. During the 10th Plan (2002-2007), [...]