APTEL Rules Extent of Energy Banking Bound by DISCOM-Generator Agreement
The tribunal set aside the UPERC order on renewable energy banking
September 6, 2024
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The Appellate Tribunal for Electricity (APTEL) ruled that as per Uttar Pradesh Electricity Regulatory Commission (Captive and Renewable Energy Generating Plants) Regulations, 2019, banking of energy up to 100% requires an agreement between the renewable energy generator and the distribution licensee.