Central government subsidies for clean energy projects rose to 2.36 billion rupees in the fiscal year that ended March 31, an increase of 63 percent over the previous year. So far this financial year, the government has provided 1 billion rupees of subsidies. Assistance included higher rates for clean power and lower interest rates. Renewable energy resources have fared well in India: over the past three years, the wind energy sector, the fastest growing renewable energy sector in the country, has attracted 15.1 billion rupees of foreign direct investment, according to the New and Renewable Energy Minister. As of July, almost 15,000 MW of power had been installed. In addition, the government will implement a city solar power development program, aiming to substitute 10 percent of power demand for traditional energy with solar. The ministry will provide up to 5 million rupees of support for each of the 60 cities planned as spots for solar development. For the full story, see http://www.bloomberg.com/news/2011-09-02/indian-subsidies-to-clean-energy-rise-63-to-2-36-billion-rupees.html. For the story on wind and solar, see http://profit.ndtv.com/news/show/rs-1-510-crore-fdi-in-wind-energy-sector-over-past-3-years-175814.