What is Electricity banking

Electricity banking in Tamil Nadu, introduced in 1986, promotes wind energy generation for captive and third-party open access. It operates like a savings account: excess energy generated by wind or solar projects is supplied to the electricity distribution company (discom) and can be withdrawn later. Customers pay 'banking charges' instead of earning interest.

https://www.ceew.in/cef/quick-....reads/explains/what-