NTPC trades Un-Requisitioned Surplus power at IEX
The Dollar Business Bureau State-run NTPC, for the first time ever, traded Un-Requisitioned Surplus (URS) power from its four thermal stations, namely Unchahar, Vidhyanchal, Rihand and Dadri at Indian Energy Exchange. NTPC, the Maharatna public sector undertaking, traded the surplus power, stated IEX. The prominent power generating stations always work a day-ahead of the schedule. Generally, the stations offering cheap power are booked completely by the states. If a situation arises where the states are unwilling to utilize the power, then the power remains Un-Requisitioned, unsold, IEX added. To enable utilization of unsold power, the power ministry, amended the National Tariff Policy and introduced some provisions allowing the prominent power generating companies to trade their surplus power. Other power generating firms like Neyveli Lignite, NHPC ...
Ten stranded gas-based power plants to be revived
The Dollar Business Bureau Ten stranded gas-based power generation plants have put themselves back on the line by bidding in an reverse e-auction process for generating 5.05 billion units of electricity. The power generated will be bought by Discom between June 1, 2015 and September 30, 2015 with support from the government to the tune of Rs 723.00 crore from the Power System Development Fund, said a PIB release. The grid connected gas based power generation capacity in the country is 24,150 MW. Of this, a capacity of 14,305 MW had no supply of domestic gas and is competely stranded. These comprise 29 plants of which 9 plants are yet to be commissioned. All these plants were eligible to participate ...
