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UPERC Allows Banking for Captive Solar Consumers Despite Missed Deadline

The regulator held OA/LTOA reduction is not a precondition for new banking agreements

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The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation to execute fresh wheeling and banking agreements for 13 captive users by June 30, 2026, without requiring a prior reduction in open access or in the long-term open access quantum.

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