India Plans to Revive Wind-Farm Tax Break, Raise Subsidy
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India plans to revive tax breaks for wind farms after the expiry of earlier incentive programs led to a 47 percent slump in installations, according to two government officials with direct knowledge of the matter.
The Ministry of New and Renewable Energy proposed to resume a break for depreciation on wind farms and boost a subsidy for alternative generation, the officials said, asking not to be identified because the proposal is awaiting Cabinet approval.