GERC rejects proposal to replace ₹1.50/unit banking charge with 8% energy levy

The Gujarat Electricity Regulatory Commission (GERC) has rejected requests from renewable energy developers to replace the existing banking charge of ₹1.50 per unit with an in-kind levy of 8 per cent of the energy banked, saying the issue will be considered as part of a separate exercise to finalise a new banking charge framework.

Raccontata dathehindubusinessline.com