Renewable Energy World
India’s generation-based incentive (GBI) for wind energy was reinstated in late February. The government had repealed the subsidy in April 2012, causing dire consequences for the wind sector. A headline in the Hindu Business Line newspaper said it all: “Wind power heaves a sigh of relief”. Some INR8 billion (US$147 million) will now be allocated for the incentive in the 2013-2014 budget.