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Discontinuation of Waiver Wheeling & Transmission Charges for Transmission of Renewable Power Agitates Renewable Developers.

<p><span style="font-size:10.0pt">Longstanding CERC order had waived inter-state transmission charges &amp; losses for transmission of power from solar &amp; wind source of energy. A recent order by KERC, has Laid off of such benefit to Renewable Power, astounding investors and lenders. These midstream changes in policy has aggravated Renewable project developers, as they set up projects, sign power purchase agreements and gets financing on the basis of existing policy. Abrupt discontinuation has force developer to bear an additional cost of around Rs. 1 /Unit. Such proliferation would rise net tariff realized in recent auctions and would also distrust investor in long run.</span></p>