21. Banking and wheeling of Energy
21.1 All solar power projects shall be awarded must-run status i.e. injection from the solar power projects shall be considered as deemed to be scheduled.
21.2 Banking facility will be available for useful life period of the project.
21.3 Banking of 100% of energy injection, after netting the generation with in-house auxiliary requirement, shall be permitted for all captive and open access consumption.
21.4 Banking charges@ 2% of banked energy shall be payable in kind. The banking year shall be from April to March. ·
21.5 Banked units redeemed during normal period (5 am to 6 pm or as specified in the applicable Tariff Order) and off-peak load period (11 pm to 5 am next day or as 1306 (8) , Offi'l./:lll~ ~. ~ 27 ~ 2021 specified in the applicable Tariff Order) shall not have any withdrawal charges.
Banked energy redeemed during evening peak load period ( 6 pm to 11 pm .or as specified in the applicable Tariff Order) shall a~ct peak withdrawal charges in kind, which shall be 30% of energy drawn during the peak load hrs.
However, quantum of redemption of such energy, for generator/captive consumer/Open Access consumer, shall be limited to sale/consumption in real time for a month. -
21.6 For captive use/ third party sale, energy injected into the grid from the date of synchronization till the open access approval date will be considered as deemed energy banked. For the pmpose of this provision, the date of synchronization shall be considered as date of commercial operation (COD).
21.7 The unutilized banked energy/surplus energy, if any, at the end of :financial year shall be purchased by distribution licensee at lowest rooftop solar tariff discovered through competitive bidding undertaken by distribution licensee in the last financial year. If such tariff is not available, lowest tariff through competitive bidding undertaken by SECI in last financial year shall be considered.
For Sale to distribution licensee, energy injected into the grid from date of synchronization to Commercial Operation Date (COD) will be purchased by the distribution licensee at the first year tariff of the project, as per the provisions of the PP A with distribution licensee.
21.8 For the open access from IDRES, Cross Subsidy Surcharge (CSS) and SLDC charges shall not be payable for entire useful life of the IDRES projects.
These benefits shall be provided to all IDRES projects for first 500 MW which have achieved COD after notifications of the Principal Regulations or projects achieved COD within 2 years from date of notification of these regulations, whichever is earlier.
21.9 Transmission and wheeling charges shall not be applicable for entire useful life of the solar projects.
21.10 Notwithstanding anything contained in any regulation framed under the Electricity Act 2003, all IDRES projects shall not be subjected to scheduling and deviation settlement for commercial purpose. However, for grid operations scheduling shall be applicable.