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Today, 'more the returns more is the risk' phrase is being wiped by the wind power sector. Different government schemes and exemptions are beneficial from the investor's point of view. We request the interested investors to study the following facts
Fiscal incentives offered by the Central Government for these projects.
(A) Direct taxes
80 per cent Income Tax depreciation in the first year of installation of the project.
(B) Tax holiday for 10 years
Central Government has also issued guidelines to all State Governments to create an attractive environment for evacuation, purchase, wheeling and banking of electric power generated from Wind Power projects.
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