Short-term transactions in electricity during April'10: 8.04% of generated electricity traded in short-term

Out of the total electricity generation of 66,572.47 million units (MU), excluding generation from renewable sources and captive power plants, in the country, a total of 5,353.85 MUs, or 8.04%, were transacted in the short-term, during the month of April 2010. Such transactions consist of 2,698.58 MUs (4.05% of the total electricity generation) through bilateral mechanisms, that is through licensed traders, tem-ahead contracts and directly between the distribution companies, 2,010.96 MUs (3.02%) through unscheduled interchange (UI) and 644.31 MUs (0.97%) through the two power exchanges, namely Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL).

During the month, 22 regional entities, including power generating companies, like Damodar Valley Corporation (DVC), Jindal Power Limited, Lanco Kondapalli Power Private Limited, Lanco Amarkantak Power Limited and Adani Power Limited, were involved in the sale of electricity through various short-term transactions, while a total of 16 states made short-term purchases of power. Amongst the power selling entities, the western state of Gujarat emerged to have sold the highest quantum of electricity-- 832.74 MUs-- followed by Jindal Power (498.92 MU), Chhattisgarh (484.03 MU), Jammu & Kahmir (160.19 MU) and Madhya Pradesh (149.02 MU), while the top five power purchasing entities in the month were Tamil Nadu (1,156.28 MU), Uttar Pradesh (472.37 MU), Maharashtra (445.59 MU), Rajasthan (344.21 MU) and Orissa (215.99 MU).