The Ministry of New & Renewable Energy of India has announced a scheme on Generation Based Incentive (GBI) for grid connected wind power projects. The announcement comes after a very good response from an incentive scheme for solar power generation. Under this scheme, the investors apart from getting the tariff as determined by the respective state regulatory commissions, would get an incentive of Rs 0.50 per unit of electricity for a period of 10 years provided they do not claim the benefit of accelerated depreciation.