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USES Radiant Power Limited Bid Document for Banking of Power by BPL Banking of Power for 01.11.2015 to 30.09.2016 Through: Competitive Bidding COMMERCIAL AND GENERAL CONDITIONS TENDER NO: Head (PMG)/BPL/Tender/201516/2268
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Banking of power allows electricity producers to store excess energy for future use, ensuring a reliable power supply.
Electricity producers who generate excess energy and wish to store it for future use are required to file banking of power.
To fill out banking of power, producers must provide information about the amount of excess energy generated, storage methods, and planned usage.
The purpose of banking of power is to promote efficient energy use by allowing producers to store excess energy rather than wasting it.
Information such as the amount of excess energy generated, storage methods used, and projected usage must be reported on banking of power.
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