Green energy sector challenged by minimum banking stipulation

28 Aug 2024 CW Team

The Indian green energy sector is facing challenges with the introduction of minimum banking stipulation policies, which have sparked concerns among renewable energy producers. These stipulations regulate how much surplus energy from renewable sources like solar and wind can be stored, or "banked," with utilities, for later use. Renewable energy generators claim that the new rules could severely impact their operational efficiency and financial viability.

Previously, renewable energy producers could store excess electricity with utilities, withdrawing it when needed, typically during periods of low generation. However, the new banking regulations limit the amount of surplus energy that can be banked, and in some cases, set tighter withdrawal conditions. This change is expected to affect energy-intensive industries that rely on consistent renewable energy supplies.

Industry experts argue that the move could dampen investment in renewable energy projects, as it increases uncertainty and makes long-term planning more difficult. Several states have already adopted the new stipulations, while others are expected to follow.

The policy shift has triggered calls from renewable energy developers for revisions that would offer more flexibility in banking and withdrawal periods. They fear the restrictions could curb the sector?s growth, undermining India?s ambitious green energy targets. The government?s stance on this issue will be critical in shaping the future trajectory of renewable energy in the country.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..