While the wind industry is indeed heaving a sigh of relief after knowing that banking has not been abolished (even though it now costs higher), the overall feeling from the current hikes in the associated costs of running wind power plants in Tamil Nadu is that it will make wind power investments in the state less viable than before.
Not surprising, as against a 12 paise hike in tariff, the costs for wheeling and banking and other associated operations have been increased much, much more. Here are some perspectives from the industry leaders.
