MNRE suggests tax waivers for SHPs

The MNRE has suggested to states to waive specific cess and taxes for small-hydro power (SHP) project developers for six years from the start of commercial operations. The ministry has also suggested to exempt SHPs from providing free power sought by some state governments. The move is intended to boost SHP capacity addition, which is expected to contribute 10 GW to the 175 GW by 2022 renewable energy target.