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Generation based incentive for grid interacative wind power projects
The Ministry of New and Renewabel Energy (MNRE) has announced Generation based incentive for Grid interactive Wind Power Projects, vide letter No.53/1/2008-E dated 23-7-2008. The Ministry will provide through IREDA, a generation based incentive of Rs.0.50 per unit (KWH) for a period of ten years to the eligible project promoters. However, the components of the scheme will be reviewed when projects aggregating to 49 MW, which are estimated to generate about 0.9 billions units of electricity are registered by IREDA. The guidelines can be downloaded from the MNRE website : www.mnre.gov.in
 
 
 
 
 
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