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January 13, 2012

Rs. 2 lakh crore lined up for power sector…AP Government

image The AP government is slated to sign MoUs for about Rs 2 lakh crore worth of energy projects, both in public and private sector, mostly in coal fired thermal power plants on the last day of the summit tomorrow. This is almost 40 per cent of the new investment proposals.

These projects have been proposed with a combined installed capacity of 39,000 Mw, of which 26,000 Mw projects are proposed in the private sector, according to Dinesh Kumar, principal secretary, energy department.

Among the public sector, NTPC Limited is coming up with new projects apart for expanding its existing ones with a combined capacity of 4,000 Mw in the state. Power utility APGenco is proposing to add 9,700 Mw in both expansion and greenfield thermal projects.

Apart from this, the Andhra Pradesh Power Development Corporation (APPDCL) is setting up two gas-power projects with a total capacity of 1,700 Mw and state-owned Singareni Collieries Company Limited (SCCL) is setting up a 1,200-Mw pit head project using the residual coal reserves of the abandoned mines in the backward Adilabad district.

Wind power projects worth 14,000 Mw capacity as well as solar projects worth 350 Mw are among the MoUs lined up by the private sector.

In addition, the Power Grid Corporation of India and APTransco are signing MoUs with the AP government for setting up substations transmission lines and other infrastructure with an investment of Rs 6,000 crore each.

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Renewable Energy Certificates (REC) trading update of December 2011…

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Renewable Energy Certificates (REC) are being traded on last Wednesday of every month on the Indian Power Exchanges like IEX and PXI.

The last REC trading were happened on 26th December 2011.

Following is the snapshot of the last REC Trading on IEX.

No of Participants as on 31st December 2011.

  No of Participants
Total registered Participants 689
Obligated Entities  
DISCOMs 10
Open Access consumers 497
Captive Consumers 23
Voluntary Entities 4
Eligible Entity (Private Generators) 155
Highest Participation in REC Auctions (Sep’11) 168

 

REC bids and price

  Purchase Bids (REC) Sell Bids (REC) Cleared (REC) Price (Rs./REC)
Non-Solar 264093 166000 105942 2950
Solar 495 0 0 0
1 REC = 1 MWh        

History of REC Trading

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REC Trade analysis

 

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Next REC Trading session will be held on 25th January 2012.

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Power Trading Update – 12th Jan 2012

Power Trading_img

Power Trading snapshots of two major exchanges  IEX (Indian Energy Exchange) and PXI (Power Exchange of India) for 12th January 2012. On IEX around 59740 Mn Units were sold as against demand of 69750 Mn Units. Similarly on PXI around 2356 Mn Units were sold as against demand of 5120 Mn Units. Detailed report of both the exchanges are depicted below:

 

 

 

Market Snapshot on IEX

Category Purchase Bid
(MWh)
Sell Bid
(MWh)
Unconstrained
MCV(MWh)
Constrained
MCV (MWh)
Unconstrained
MCP(Rs/MWh)
Total 69750.2 59740.4 44833.2 38881.7 0.0
Max 3817.2 2959.4 2117.0 1948.5 4049.9
Min 2206.6 2090.4 1363.0 1280.7 2092.9
Average 2906.3 2489.2 1868.1 1620.1 3314.8

 

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Market Snapshot on PXI

Category Purchase Bid
(MWh)
Sell Bid
(MWh)
Unconstrained
MCV(MWh)
Constrained
MCV (MWh)
Unconstrained
MCP(Rs/MWh)
Total 5119.9 2355.9 1075.2 719.8 0.0
Max 254.5 135.9 102.0 61.6 7010.0
Min 175.3 62.0 2.0 2.0 3250.0
Average 213.3 98.2 44.8 30.0 4313.3

Legends:

  • MCV : Market Clearance Volume
  • MCP: Market Clearance Price
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