Way Forward For Solar Energy Players In India
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Title: Way Forward For Solar Energy Players In India

Essay Details:

Subject: Business
Author: Luis B
Date: September 26, 2014
Level: University
Grade: A
Length: 8 / 2297

Essay text:

Due to global warming and rising CO2 levels, average temperature in India is set to increase by 4 degrees by 2050. Given Government’s recent policy announcement which gives thrust to green and renewable energy, there is a commercial opportunity which can be exploited. Some of the incentives given by the government are: • Subsidy of Rs 12/unit on medium scale operations (1-5 MW capacity) • 100% depreciation of equipments used in 1st year itself • Other tax benefits like zero excise duty These measures though very limited as compared to other countries like USA or Germany, the world leaders in solar energy, but still it is a step in the right direction...

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