 |
| The Punjab government has set a target of 1000MW power production from renewable sources by 2017. |
Energy minister of Punjab, India, Bikram Singh Majithia announced new financial incentives to be incorporated into a revised renewable energy policy for 2012. The government will provide a 50% exemption on electricity duty on power used during the construction period by the investors alongside, a 100% tax exemption to the project developer and VAT exemption on equipment used.
The Punjab government has set a target of 1000MW power production from renewable sources by 2017.
