2016-02-25 / Webmaster
Urgent need of capital flow for development RE infrastructure
The massive requirement of capital flow to develop renewable energy infrastructure, needs persistent support from GoI. There should be continuation of GBI for wind at least for the next three years.
If GST gets implemented, renewable energy is likely to turn expensive, expected solution is to move renewable energy from exempt category taxation to zero taxation.
REITs and Infrastructure Investment Trusts (InVITs) are aimed at attracting funds in a transparent manner into the real estate and infrastructure sectors. Rationalization on policy front to check tax leakage from investing in InVITS will make it far more viable and attractive. Currently apprehension of investors is a hindrance from listing it on Indian bourses.
Mr Sunil Jain, CEO, Hero Future Energies
Read More at: http://www.energynext.in/pre-budget-expectations-2016-17/