The Indian company Green Infra has set a goal of having 500 megawatts of renewable energy in its portfolio by 2012. Wind energy will stand for 300 megawatts of the clean power investment while small-sized solar power projects will generate 100 megawatts. The rest will come from biomass and small gas-based projects. Green Infra is promoted by IDFC Private Equity Fund. The new green power project will need an investment of Rs 3,000 crore, according to Projects Today, the Indian projects database Website. But the investment will also be supported by various Indian Government incentives. As a commercial player in this field, Green Infra can benefit from concessional import duty on certain components of wind electric generators, excise duty exemption, get ten years’ tax holiday on income generated from wind power projects and benefit from an accelerated depreciation and loan from the Indian Renewable Energy Development Agency (IREDA). According to the Ministry of New and Renewable Energy (MNRE), India has had a total of 26.95 billion units of electricity generated from wind power projects during the last three years. On the same note, MNRE has fixed a target for the whole country of 10,500 megawatts coming from wind power by 2012, according to The Economic Times. And the incentives from the Government are crucial to the development. "The robust growth in the country's wind power generation is largely driven by the incentives provided by the government to companies which set up wind power farms," said Santosh Kamath, KPMG Advisory Services' Associate Director, to The Economic Times.