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India

India

Rental ruling on land for wind development

Sites earmarked for potential wind development that fall within Maharashtra's notified tribal regions will be made available only on a rental basis with ownership of the land retained by the tribal people. The ruling is made in the Integrated Renewable Policy recently approved by the Maharashtra state government. Developers will pay an annual rent as well as a one-off fixed payment to the owner. Meanwhile, many in the industry are hoping the state government will announce some fiscal concessions for wind development, possibly removing a 15% sales tax as it did in 2002, a measure which boosted wind development in the state. Meanwhile, Maharashtra Energy Development Agency (MEDA) has become the first government agency in India to receive carbon credits from the central government for a wind power project, a 3.75 MW plant in the Chalkewadi Taluka of Satara district. "We have shown that in spite of adverse conditions, it is possible to get the coveted carbon credit benefits,'' says MEDA's Anil Diggikar. MEDA has earned 6890 credits. ''In the international market, the cost of each credit is $9,'' Diggikar says.

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