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Govt offers 3.8 bn in subsidy for wind power

Last Updated : 17 December 2009, 06:13 IST
Last Updated : 17 December 2009, 06:13 IST

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The subsidies are earmarked for developers till 2012, the ministry said in a statement put on its website.

Wind power projects will be given 0.5 rupees per unit of power fed into the power grid with a ceiling of 6.2 million rupees per mega watt for a minimum 4 years and maximum 10 years, the ministry added.

The subsidies will be applicable to projects of up to 4,000 MW and detailed guidelines will be issued later, it added.

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Published 17 December 2009, 06:07 IST

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