- Date : 07/06/2017
- Source : ETEnergyWorld
In lieu of this, the KERC organised hearings, during which The Green Power Market Development Group (GPMDG), proposed a long term policy framework that provides for fixed wheeling charges. Apart from this, the KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. A prime example of the success of the scheme is the works done by CleanMax Solar in the region. CleanMax Solar operates on a unique OPEX/zero investment/pay as you go model, in which solar developers provide 100 percent of the investment in solar power plants, and sell power to large consumers under long-term Power Purchase Agreements.