ACCELERATED DEPRECIATION
Accelerated Depreciation of 80 % is available on WTGs commissioned on or before 30th September of the financial year under IT Section 32 (Rule 5) Appendix 1 (1961).

In the event that the WTGs are commissioned between 1st October and 31st March of the financial year 50 % of the accelerated depreciation (40%) can be claimed at once.Thereafter, the annual depreciation of 80% can be availed.

Unabsorbed depreciation can be carried forward any number of years.

TAX HOLIDAY :
Ten year tax holiday in respect of profit and gains for industrial undertakings setting up windfarms under section 80 1A of the Income Tax Act.
As per the Act, 100% of the profit is exempted from tax for 10 consecutive years which is available within 15 years of the initial generation of power.

TAMILNADU GOVT. POLICY AND TARIFF :
Sale to Board Rs 2.90 per unit ( No escalation ).
H.T. Captive Rs 3.68 per unit. H.T. Commercial Rs 5.00 per unit