Gujarat Energy Banking Reform Reduces Near-Term Costs for Open Access
Starting April 1, 2027, banking charges will be determined by adopting a cost-reflective framework
August 31, 2026
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The Gujarat Electricity Regulatory Commission’s (GERC) decision to reduce banking charges to ₹1 (~$0.01)/kWh from ₹1.5 (~$0.015)/kWh after a 2.5-year interval has provided much-needed relief to open access consumers and improved project economics.
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Melvin Mathew
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