Government Reduced the Customs Duty for Wind Power Projects from 7.5 to 5 per cent. - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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India is currently the fourth-largest generator of wind power in the world. During the 10th Plan (2002-2007), India saw installation of 5,426 Mw of wind power generation capacity, as against the target of 2,200 Mw. The XIth Five Year Plan Period (2007-12) has fixed a target of 10,500 MW.

To help promote power generation through renewable sources of energy, the government reduced the basic customs duty from 7.5 to 5 per cent on permanent magnets, a major component for wind power projects.

source: Business Standard

Top management consulting experts for Bio-energy, EV, Solar, Green Hydrogen

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


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