Until 2016 the Wind Energy sector had enjoyed accelerated depreciation (AD) of 80 per cent under the Income Tax Act. But in March 2016 (Budget) Indian govt reduced 80% depreciation to 40% depreciation. Wind Energy in India has barely survived since then.

India needs to show the WEST that India can LEAD the world into Renewable Energy Transition

What is Accelerated Depreciation?: Accelerated depreciation is…

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