Weather conditions, Power exchange proving a boon for PSPCL; powercom richer by Rs 280 crores in few days
Kanwar Inder Singh/ royalpatiala.in News/ June 17,2023
PSPCL has accomplished an impossible task of selling power to other states through power exchange during this period of normal power shortages. In June alone till date, PSPCL has been able to sell surplus power more than 265 million units available with it through power exchange for about Rs.210 crores. The total power sale this year by PSPCL is around Rs 280 crores.
PSPCL on a number of days has sold power for more than Rs. 20 on daily basis and at the maximum price cap of Rs. 10 per unit on day ahead basis and real time basis. Punjab with sales of 99 MU , was the top seller for the week June 4 to June 10 with market share of 10% in the Day Ahead market. The average daily selling rate for power varied between Rs. 6.75 to Rs.9.08 per unit. This is the result of out of box thinking by top PSPCL management, said V K Gupta Spokesperson All India power Engineers Federation (AIPEF).
The power demand on Saturday crossed 11950 MW in the afternoon after the start of 8 hour supply for the agriculture sector in the second phase, despite it being a holiday in state government offices. The gross generation in the state is around 5800 MW and drawl from northern grid is 6100 MW. As on today all the thermal units in Punjab are operating with the exception of one unit each at GVK and Lehra Mohabbat. GVK unit down due to coal shortage is expected on June 20.
The third and fourth phase of agriculture supply will start from June 19 and 21 respectively. Normally the maximum demand and supply comes in the last days of June , when it is expected to cross 15000 MW.
Weather conditions, Power exchange proving a boon for PSPCL; powercom richer by Rs 280 crores in few days . The coal stock at Lehra Mohabbat and Ropar thermal plants are for 46 and 27 days respectively. The coal stock in private sector thermal plants Rajpura has 33 days, Talwandi Sabo 7 days and GVK only 2 days.
The water level in the hydro plants reservoir is in better position than last year’s level on the same day. The water level in Bhakra reservoir is 1575.8 feet which is 8.5 feet more than last year’s level of 1567.3 feet on corresponding day. At Ranjit sagar water level is 1679 feet which is more than 22 feet higher from last year’s level of 1657 feet.