The Kerala State Electricity Regulatory Commission approved multiple energy banking agreements entered by the Kerala State Electricity Board (KSEB) to manage surplus power efficiently. The Commission approved KSEB’s banking transaction with Punjab State Power Corporation from May 24, 2024, to June 1, 2024, with the return of 105% of the banked power in April 2025. KSERC also ratified another banking agreement between KSEB and Manikaran Power from August 1, 2024, to September 30, 2024, with 105% of the banked power returned from March 16, 2025, to May 31, 2025.