Daily News Wrap-Up: Karnataka Allows Monthly Energy Banking for RE Generators

Maharashtra floats tender for a 62 MW solar project

April 18, 2023

/ Mercom Staff
/ Daily Wrap-up
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The Karnataka Electricity Regulatory Commission, under the new format for banking agreement, has now allowed monthly energy banking for renewable energy generators to ensure better grid stability and energy demand management. The state previously had an annual energy banking settlement mechanism. The new format also includes wheeling agreements for renewable energy projects under its green energy open access regulations.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Mercom Staff

More articles from Mercom Staff.
BankingDecarbonizationG7Green HydrogenMAHAGENCO
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS