MNRE directs three states to allow roll-over of banked energy

The MNRE has issued an advisory to the power energy departments and distribution companies in the states of Andhra Pradesh, Karnataka and Tamil Nadu that they should consider permitting roll-over of banked electricity as the power demand has plummeted in recent weeks. The ministry had earlier received representations from states requesting for such an advisory to allow the roll-over of banked electricity from solar rooftop projects and open access renewable energy generating stations under captive and third-party sale. The MNRE has advised the roll-over of banked electricity for financial years 2019-20 and 2020-21, to the next financial year, 2021-22.

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