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JUN 19 2018

Strong winds push wind power generation in Gujarat to 4,280 MW

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 19th JUN 2018

 

High wind velocity in coastal areas of Saurashtra region has increased state’s wind power generation which reached a record level of 4,280MW Friday last. Electricity generation from wind remained above 3,500MW on Saturday and Sunday as well.

The higher generation of electricity from wind has also helped state-run Gujarat Urja Vikas Nigam Limited (GUVNL) reduce its dependence on open market to meet power demand in the state. As against the 5,574MW installed capacity, wind power generation stood at 3,000MW on Monday evening.

“Increased wind power will reduce burden on electricity consumers as less power is sourced from Indian Energy Exchange (IEX), where rate of electricity ranged from Rs 4.25 to 4.70 per unit. As against this, wind power in the state costs Rs. 3.76 per unit,” said KK Bajaj, a city-based energy and regulatory expert.

With no resumption of contracted power supply under power purchase agreements by two private sector companies, GUVNL has been forced to manage power from open market. The apex utility had to purchase upto 72 million units on June 1 from IEX. However, with higher contribution from wind energy, GUVNL’s electricity purchase from the exchange stood at around 23 million units on June 17.

Tags

India Energy Exchange Ltd. Gujarat India Energy Exchange Gujarat Urja Vikas Nigam Wind Power Generation Wind Power Energy Power IEX Electricity VIKAS Gujarat Urja Vikas Nigam Limited

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