Tanti’s comments come several weeks after Farooq Abdullah, minister for India’s Ministry of New and Renewable Energy, said that the Finance Ministry will likely include money for a revived AD in its interim budget, to be presented this month.
The AD, which was instrumental to India’s wind boom over the past decade, fell out of favour with officials who felt that it too strongly encouraged investment from investors otherwise uninterested with the wind sector – and in some cases fostered fraud.
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