Category: Power Trading

Open access allows large users of power — typically having connected load of 1 megawatt (Mw) and above — to buy cheaper power from the open market. The idea is that the customers should be able to choose among a large number of competing power companies–instead of being forced to buy electricity from their existing electric utility monopoly.

IEX Day Ahead Market for 22-10-2017

Day-Ahead Market Purchase Bids (MWh) 97,585 Sell Bids (MWh) 156,632 MCV (MWh) 82,402 Cleared Volume (MWh) 82,402 Average MCP (Rs./kWh) 2.82

Load-shedding: MSEDCL buys 1,450-MW power

Faced with a power shortage that led to load-shedding across the state, the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has now bought 1,450 MW power through short-term power purchase agreements with generators. “Short-term...

Another Indo-BD grid soon for power import

Bangladesh will install another cross-border high-voltage transmission line for importing 500-megawatt electricity from India, officials said Monday. This will be the second such line to be used for importing Indian electricity. Currently, 500MW power...

Kongsberg Group enters into MoU with India’s PTC

New Delhi: A part of the 200 year-old Kongsberg Group, Kongsberg Digital AS of Norway has entered into a Memorandum of Understanding (MoU) with India’s largest power trading organisation, the Power Trading Corporation of India (PTC) recently. As quoted...

Teesta-III a failed PPP project, alleges AIPEF

NEW DELHI: All India Power Engineers Federation (AIPEF) today slammed the Teesta-III power project as a failed example of public-private partnership since it is selling electricity at a discounted rate in open market, as...

Telugu states wrangle over power dues

HYDERABAD: The Telugu states of Andhra Pradesh and Telangana are engaged in a row over payment of dues for power with both seeking their rightful dues, and threats to cut of power supply. The recent...