Press Information Bureau
Government of India
Ministry of New and Renewable Energy
27-August-2012 18:17 IST
MNRE to Continue With Generation Based Incentive Scheme in 12th Plan
The Minister of New and Renewable Energy, Dr. Farooq Abdullah today informed Rajya Sabha that the Ministry is working on a proposal for continuation of the Generation Based Incentive (GBI) scheme in the 12th Plan period but the final contours of the GBI scheme are being worked out. He said that the incentive was introduced for the duration of 11th Five Year Plan for expanding the investor base and the development of renewable energy sector in India.