Amendment #4 Page 234 of 868 Brazil The main incentwes available to encourage Ire use of renewable energy in Brazil include 0) tax benehts (ii) decanted trarernismon and distritteon tarts. (it) special ruble funding provided by the National Bank br Economic and Social Development, or the 'NEESIX. and (iv) research and development imestment Tax tenants Renewable energy circled: may benefit from an exempton of monthly federal income taxes and may also be eligible for the exemption of certan taxes For exempts. the purchase of items needed for the construction of the wind and solar plants are exempted from certain important' value added taxes. Hydro- electric power generators benefit from a soccer regime for the development of infrastructure which reduces the Brazilian taxes levied on revenues to a rate of mods Certain Penetrate OtteCal product and construction matenals are utilized Discount on transmissmn anr cestnbutron tone's. Solar pants that start commercial operation prior to December 31.2017 benef t from an 80% dscount on transmission and cientuticn tarts for the first ten years of operation and 50% thereafter. land and hydoelectnc plants are also ergble for similar discounts Special public tutting Sutsect to certain limitations. the hSESD may finance up to 80% et all renewable energy protect investments at red.-id rates Repayment of such loans may only commence once coretruction of the energy plant has reared and the plant is operative The NBESD also provides special public funding for rrendacturers willing to corrrnence local productions d the apply den in connection with the renewable energy industry ReSeafert end development InveStmerl M rrydro-electric energy generators must invest at least 1%d Meer net revenue in research and development projects India Sete pone MOOS In 2010. the Indian government launched its flagship solar idiots", blown as Jawaharlal Nehru National Solar Mission or the 'Mahone' Solar Mission.' wench we remain in operatio