Chennai: The Union power ministry has amended the electricity (promoting renewable energy through green energy open access) rules with respect to banking of energy and levying cross subsidy surcharge on power produced from waste-to-energy plants. Experts say it will benefit wind and solar energy generators in Tamil Nadu, the top wind energy producing state in the country. The amendment was published in gazette on January 27.
The term ‘month’ has been replaced with the term ‘cycle’ in the amendment which is crucial for wind and solar energy generators. “In Tamil Nadu, the banking facility (to keep the excess energy produced in the generators’ account to be compensated later) is provided for a year. The banking period varies from state to state.