The
country’s
budget
set
aside
8b
rupees
($147m)
to
pay
for
the
subsidy,
which
had
been
the
subject
of
fierce
lobbying
by
the
Indian
industry.
The
provision
of
low-cost
loans
for
clean-energy
generators
was
also
flagged
up
by
India’s
finance
minister
for
the
budget
year
beginning
April.
The
absence
of
the
GBI
is
believed
to
have
contributed
to
a
fall
in
installations
of
up
to
40%
last
year.
There
were
no
immediate
details
of
the
rate
wind
operators
could
expect
to
earn.
Speaking
to
Recharge
before
the
budget,
an
official
from
Hong
Kong-based
CLP
said
the
restoration
of…
