The Indian Wind Power Association has welcomed the Union Budget proposal to continue the Accelerated Depreciation Incentive scheme for another year.
Association chairman K. Kasthoorirangaian has said in a release that a large number of investors in the wind energy sector in the State are micro, small and medium-scale who went in for captive consumption of power.
The accelerated depreciation provided the margin money for the small investors to go in for wind mills.
Wind mills helped the investing industries to maintain the energy cost for nearly 20 years. Thus, the MSME sector got the best utilisation for their investment, he said.