The Indian government recently formally signed off a reinstatement of the GBI, which, along with another popular support mechanism known as accelerateddepreciation (AD), was shelved in April 2012.
Critically, in addition to reviving the old GBI support level of 500 rupees ($7.49) per MWh produced by a wind farm, the new GBI will lift the ceiling on the totalsupport a project is eligible for to 10m rupees per installed MW – up from 6.2m
