Power News We love to talk!
Western states sold a little over 1,000 million units or 27 per cent less electricity in February due to power transmission bottlenecks in the region, India Energy Exchange said.
"Western States sold 1,002 MUs (million units) of electricity, 27 per cent lower over the previous month due to severe congestion," IEX said in a statement.
The Exchange continued to experience severe congestion on inter-state transmission system, especially on the western-southern region and western-northern region.
The month of February also witnessed decrease in power demand and reduction in prices at IEX.
"Despite the summer season approaching, there was no significant increase in demand for power across states. Instead, the northern states saw reduction in power demand by 29 per cent over the previous month, while the eastern and north-eastern states also saw reduction of 21 per cent over the last month," the statement said.
The average daily trade of 72 MUs was 5 per cent lower than 75 MUs traded last month. Almost 2.03 BUs (Billion Units) was traded in February whereas 2.34 BUs were traded in January, 2015, IEX said.
With sell bids at 3.40 BUs and buy bids at 2.89 BUs, the supply of power exceeded the demand.
- AIIMS planning recycling plant for converting waste into natural gas Read more
- CERC determines tariff for Powergrids bus reactor at Manesar under NRSS-XIII Read more
- Builders not keen on solar power for home projects Read more
- PM Modi raises solar investment target to $100 billion by 2022 Read more
- U.P.s energy deficit down on increased power supply: Centre Read more
- Petroleum Ministry says negligencecaused fire at GAIL pipeline in Andhra Pradesh Read more
- Ventura Power pledges its 2.65% stake in Adani Power Read more
- Rooftop solar plant applications gather dust Read more
- Jharkhand discom clears Rs. 1,300-cr dues to DVC, Coal India Read more
- High Court orders supply of subsidised diesel to Kerala Water Transport Dept Read more