Central Electricity Regulatory Commission (CERC) has further amended the Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges & Losses) Regulations, 2010. Vide this amendment in Regulation 7:-
· A New Sub clause (y) to Clause (1) to Regulation shall be added which reads as- No transmission charges and losses for the use of ISTS network shall be payable for the capacity of the generation projects based on solar resources for a period of 25 years from the date of commercial operation of the such generation projects if they fulfill the following conditions:
(i) Such generation capacity has been awarded through competitive bidding; and
(ii) Such generation capacity has been declared under commercial operation between July 01, 2017 and December 31, 2019; and
(iii)Power Purchase Agreement(s) have been executed for sale of power from such generation capacity to the Distribution Companies for compliance of their renewable purchase obligation.