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Gujarat buys power from open market

  • Gujarat buys power from open market

    Summary: According to government officials, Gujarat is receiving curtailed supply from Adani Power Limited (APL), Essar Power Gujarat Limited (EPGL), and Tata group's Coastal Gujarat Power Limited (CGPL), which provide electricity to GUVNL under long-term power purchase agreements. "Although power supply from Tata Power and Essar Power Gujarat has been curtailed on technical grounds, APL has discontinued 1,250MW of power supply saying that expensive Indonesian coal was becoming unviable for the company, said sources privy to the development. AHMEDABAD: With private power producers reducing supply to the state, Gujarat Urja Vikas Nigam Limited (GUVNL) has turned to the open market to procure electricity to deal with the shortage. "On an average, 15 MUs are being procured from the open market and the rest from state-run power plants. Earlier, GUVNL was not buying as much power from the open market.

    AHMEDABAD: With private power producers reducing supply to the state, Gujarat Urja Vikas Nigam Limited (GUVNL) has turned to the open market to procure electricity to deal with the shortage. The apex power utility has been purchasing roughly 15 million units (MUs) or 625MW daily from power exchanges to ensure uninterrupted power to consumers in the state.GUVNL bought 79 million units (approximately 3,200MW) from power exchanges from May 8 to May 12, while the figure stood at 83 MUs (3,458MW) in the first week of May. According to government officials, Gujarat is receiving curtailed supply from Adani Power Limited (APL), Essar Power Gujarat Limited (EPGL), and Tata group's Coastal Gujarat Power Limited (CGPL), which provide electricity to GUVNL under long-term power purchase agreements."On a daily basis, GUVNL is facing a shortfall in the APL supply to the extent of 24 MUs to 30 MUs," said a senior official of GUVNL , As Reported By TOI.

    According to the Newspaper,"On an average, 15 MUs are being procured from the open market and the rest from state-run power plants. Earlier, GUVNL was not buying as much power from the open market."Although power supply from Tata Power and Essar Power Gujarat has been curtailed on technical grounds, APL has discontinued 1,250MW of power supply saying that expensive Indonesian coal was becoming unviable for the company, said sources privy to the development.. .


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