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…
Continue readingBrothers and innovators Arun and Anoop George from Kerala have created a small wind turbine that can generate enough electricity to power a home daily. Owners of a clean energy company, Avant Garde Innovations, the two brothers are targeting to make this innovation available at the price of around Rs 50,000.
“We have made this turbine at a cost that is almost unheard of in the country so far,” says Arun, the CEO and founder of Avant Garde Innovations. “Whatever power… Continue reading
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