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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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Common topics in this essay:
- Way Forward For Solar Energy Players In India
- Solar Cells
- Solar Energy
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- Solar Cells
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- On Solar Energy
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