‘Trading volume growing at 36% annually’
Open access has become mandatory for consumers with load above 1 MW. How far it will help boost the volume of power trading?
At present, power trading covers only about 6% of total generation. The introduction of mandatory Open Access for consumers with a load of 1 MW and above will boost trading volume.
How has been NVVN’s physical and financial performance in recent years?
NVVN’s trading has been growing at a steady rate. The CAGR of trading volume over the last five years has been about 36%. During 2010-11, NVVN traded about 25% more power compared to the preceding year and is expected to exceed the previous year’s performance during the current year. Being the nodal agency for purchase of 1,000 MW of solar power and selling the same to the discoms after bundling with NTPC’s coal generated power, the trading volume is expected to further increase. NVVN is also the nodal agency for cross-border power trading with Bhutan and Bangladesh. NVVN shall be exporting 250 MW to Bangladesh from 2013-14.
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