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Rate of depreciation on solar plant

Others 1624 views 1 replies
One transport company installed a solar plant of Rs 2crs alternate source of energy. Kindly advise rate of depreciation as per schedule II of companies act.
Replies (1)

(f)  Plant and Machinery used in generation, transmission and distribution of power [NESD]

 

1. Thermal/Gas/Combined Cycle Power Generation Plant

40 Years

2. Hydro Power Generation Plant

-do-

3. Nuclear Power Generation Plant

-do-

4. Transmission lines, cables and other network assets

-do-

5. Wind Power Generation Plant

22 Years

6. Electric Distribution Plant

35 Years

7. Gas Storage and Distribution Plant

30 Years


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