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assumptions on sale of surplus power.”
The letter also pointed out that “the demand for power in Delhi varies widely during the year and during the course of each day, depending on seasonal and time-of-day changes”. BSES said the peak demand for their two discoms “has increased from approximately 3,100 MW in 2003 to 5,650 MW in 2014”.
The surplus power, which is available only during the “off-peak” period, is sold at an “average sale price well below purchase price under long term Power Purchase Agreements (PPA)”. BSES said the PPAs were “executed by the erstwhile Delhi Vidyut Board, under the Delhi government, and assigned to BSES by DERC in 2007”.