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MAR 05 2015

Western states sell less power due to transmission bottlenecks

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 05th MAR 2015

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. 

Tags

India Energy Exchange Ltd. Northern Region Southern Region India Energy Exchange Transmission System Energy Power IEX Electricity India

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