RERC orders reducing transmission charges for solar projects
Rajasthan (RERC) has passed an order to reduce interstate open access transmission charges for solar plant. The charges are slashed by 50%. State govt hopes that this is decision will help in achieving target of 25000MW solar power.
According to Rajasthan Solar Association (RSA) decision could bring in an investment of about Rs 1,75,000 crore and create over 75,000 jobs.
During the last four year, cost of solar power has reduced by 65 per cent and now it competing with imported coal-based thermal power plants.