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 readingYou do not need to be an industrialist to make a killing in renewable energy business. Yes, but you do need Rs 30-35 lakh as capital investment to debut in the most talked-about virgin investment avenue – wind energy.
Tesla Powerwall – solving the battery problem – once and for all.
Elon Musk announcing the arrival of the Powerwall!
When Elon Musk went about setting up a battery manufacturing plant called Gigafactory people thought that he was building battery plant for the cars that his company would be manufacturing. People thought he would be selling about 10,000 Tesla cars a year at the maximum as they wre quite expensive. But Elon being Elon was out thinking everybody and leaping ahead into building the fuel-storage-blocks of tomorrow.
PlugInCaroo... Karo plugin... abhi!... save the environment!!! 