627 Wind Monitoring Stations Established to Harness Wind Energy Potential
The Ministry of New and Renewable Energy has established 627 wind monitoring stations in the country through the Centre for Wind Energy Technology (C-WET), Chennai for carrying out wind resource assessment.
In a written reply to a question in Lok Sabha today, Minister of New and Renewable Energy, Dr. Farooq Abdullah said that the Government is promoting wind power projects including those in the private sector by providing fiscal incentives such as 80% accelerated depreciation, concessional import duty on certain components of wind electric generators, excise duty exemption and ten years tax holiday on income generated from wind power projects. He said technical support is provided by C-WET. The Minister said that apart from this, preferential tariff is also being provided in many States. He said the Government has also introduced a Generation Based Incentive (GBI) scheme under which an incentive of Rs. 0.50/unit is provided to the projects which do not avail of accelerated depreciation benefit.
The country has a total wind power capacity of about 14550 MW as on June 2011.