Visit Indian Travel Sites
Goa,
Kerala,
Tamil Nadu,
Andhra Pradesh,
Delhi,
Rajasthan,
Uttar Pradesh,
Himachal Pradesh,
Assam,
Sikkim,
Madhya Pradesh,
Jammu & Kashmir
Karnataka
|
Power trading in India still at nascent stage: Study | A recent study of the power sector has opined that the power trading in India is still at nascent stage. According to a study conducted by Ambit research,
the power traded, in volume terms, is just 8.1 percent of total power generation
in the country (4.9 percent excluding UI). Of this, 52 percent is through bilateral
trades, 39.2 percent through the UI mechanism and 8.8 percent is traded through
the power exchanges. "We expect bilateral trades would continue to dominate the
power trading market mainly on account of the ability to structure volume, pricing
and duration separately for both the buyer and the seller," said the research
team. The study felt that the Power Trading Corporation (PTC) one of the leading
power traders in India with over 50 percent market share would poised to take
full advantage of all the opportunities in the power sector. The PTC has strategic
tie-ups for long-term power purchases which is being executed through itself as
well as through PTC Financial Services (PFS) and PTC Energy (PEL), both subsidiaries
and via a strategic stake in India Energy Exchange. The study felt that the PTC
would leverage its knowledge and information base for power trading and to establish
relationships to its own advantage. Recently, the PTC has entered into new long-term
agreements to purchase over 5,088Mega Watt of power in 1HFY10 which will partially
ensure that the company's traded volumes grow at 27 percent CAGR over the next
three years. Apart from these PPAs, investments in power projects through its
own balance sheet and through PTC Financial Services and PTC Energy would ensure
volumes continue to increase. Some of the projects in which PTC has invested are
already commissioned, while investments through PTC Energy, which is a co-developer,
are expected to begin generation FY12 onward. |
|
|
|
|
|