From: Subject: Fiscal and Promotional Incentives Date: Wed, 10 Oct 2007 02:39:25 +0530 MIME-Version: 1.0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Content-Location: file://C:\Documents and Settings\skmohanty\Local Settings\Temp\wz170e\Enercon Karnataka Appendices\Appendix 7 - MNES guidelines to policy.htm X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.3028 Fiscal and = Promotional Incentives

WIND POWER = PROGRAMME

Wind=20 Resources=20 Demonstration Financial=20 Assistance Fiscal=20 Incentives=20 Policy

IREDA = LoansInstallation Generatio Formats Manufactures Back

Fiscal and Promotional=20 Incentives

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->Concessional import duty on = specified wind=20 turbine parts

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->80%  accelerated=20 depreciation in first year

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->Sales tax, excise duty = reliefs

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->Loans through IREDA

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->Income Tax holiday

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->9 States have introduced policies =

<!--[if=20 !supportLists]-->=A7        =20 <!--[endif]-->MNES guidelines on Policy

<!--[if=20 !supportLists]-->=FC     =20 <!--[endif]-->2% wheeling charges

<!--[if=20 !supportLists]-->=FC     =20 <!--[endif]-->Banking up to one year

<!--[if=20 !supportLists]-->=FC     =20 <!--[endif]-->Third party sales at remunerative=20 prices

<!--[if=20 !supportLists]-->=FC     =20 <!--[endif]-->Buy back facility at minimum price = of Rs=20 2.25 per kWh for base year 1994-95

<!--[if=20 !supportLists]-->=FC     =20 <!--[endif]-->5% annual escalation in = tariff

Wind=20 Resources=20 Demonstration Financial=20 Assistance Fiscal=20 Incentives=20 Policy

IREDA = LoansInstallation Generatio Formats Manufactures Back

<!--[if=20 !supportEmptyParas]--> <!--[endif]-->

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