Nashik, Oct 26 (UNI) The Maharashtra government has decided to waive the 25 per cent land transfer f

Nashik, Oct 26 (UNI) The Maharashtra government has decided to waive the 25 per cent land transfer fee applicable to internal transfers of land acquired for new renewable energy projects, including solar and wind power projects. The decision is expected to reduce the financial burden on companies, lower project costs and accelerate investments in the state's renewable energy sector. The decision was taken by Revenue Minister Chandrashekhar Bawankule on the direction of Chief Minister Devendra Fadnavis. Under the Maharashtra Tenancy and Agricultural Lands Act, a transfer fee equivalent to 25 pc of the market value of land, calculated according to…