MoP waives interstate transmission charges and losses for solar and wind projects

The central government has waived interstate transmission charges and losses for solar and wind projects. The waiver will be applicable for a period of 25 years from the COD of projects awarded through the competitive bidding route. For wind projects, the waiver will be applicable to projects commissioned till March 31, 2019 and which have a power purchase agreement with distribution companies for renewable purchase obligation compliance. Meanwhile, for solar projects, the waiver will be applicable to projects commissioned till June 30, 2017.