UP, Karnataka cold to open access policy for power

Comments 0
SummaryWhile Tamil Nadu, Punjab, Haryana and Gujarat have embraced the open access policy for bulk consumers

of electricity at IEX on Wednesday was Rs 2.45 a unit).

For example, the average power procurement of UP Power Corporation ( UPPCL) was Rs 5.94 a unit in 2012-13. Further, one-quarter of power procured by the discom  was lost in distribution.

 Given that, the state  can make a significant savings by allowing open access facility to bulk consumers.

UP is facing peak-hour power shortage to the tune of 2,800 mw. But rather than using the OA facility to cut its operational losses, the state is tying up costly power under long-term contracts.

According to industry sources, UP is  considering buying 2,875 mw electricity from generators like Indiabulls, Jindal Power and Lanco at the price range of Rs 6 a unit.

The  state has also agreed to buy 2,100 mw power from various companies including KSK Energy, Moserbaer and Navyug in the price range of Rs 5.4-5.8 a unit.

Single Page Format
Ads by Google

More from Economy

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...