We can support 10,000 MW of projects
In an hard-hitting conversation, Secretary General of Indian Wind Turbine Manufacturers Association, DV Giri suggests some major moves which the current government can take to scale up the capacity of wind power generation which will lead to immense opportunity for turbine manufacturers.
IWTMA - On removal of Accelerated Depreciation
The notification of the Income Tax Department, Ministry of Finance, Government of India withdrawing Accelerated Depreciation (AD) with effect from 1 April 2012 is considered a major setback. The industry considers it, incorrect timing of withdrawal and could have coincided with introduction of Direct Tax Code (DTC).
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