Nalco bats for ‘open access’ in power trading
National Aluminum Company ( Nalco), a navratna firm under Union ministry of mines, has pitched for allowing ‘open access’ norms in power trading in Odisha.
“It was a paradoxical situation that when power was available in the exchanges at Rs two per unit, Nalco was curtailing aluminium production for want of power. Under the circumstances, permission of open access for purchase of power by industry offers a viable alternative,” said Anshuman Das, acting chairman-cum-managing Director (CMD) of Nalco at the ‘Invest Odisha’ seminar here.
Open access norm in a power transmission network enables industrial buyers to procure electricity from different distribution companies, including private power generators at a negotiated and competitive price.
The state energy department is still undecided over allowing open access, as it fears losses in revenue generation.
In November 2011, the Union power ministry had asked all state governments to implement open access norms in power marketing and distribution to bring in competition in the market, which is dominated by debt-ridden distribution companies (discoms), mostly run by state governments and in few states, by private companies.