Ahmedabad: With a load that rises as a power project is turned off or working at a lower capacity because of the problem of coal supply, the Gujarat government has decided to buy power from the Mundra Power Tata project at a higher rate, Rs 4.5 per unit, for one month .
Senior Official Gujarat Urja Vikas Nigam Ltd said that the state government on Wednesday agreed to buy 1,800MW, which was produced from imported coal, from the subsidiary of Tata Power Gujarat Coastal Power Ltd.
(CGPL) in the short term.
The government is also in talks with Adani Power and Essar Gujarat Power Ltd.
to restart the supply of their units, also running on imported coal, the details are being worked on, the official said.
The two companies have included a power purchase agreement with GUVNL for each of the 1,000 MW supplies.
The decision arose when the government bill of Indian energy exchange (IEX), the country’s power trading platform had surged to RS 1,244 Crore for the first thirteen days of October.
In comparison, the government bought power worth 1,035 crore from exchanges for all September, according to iEx data.
Gujarat, a state surplus, was forced to buy power from exchanges from the past few months which lead to a surge in prices that run as high as Rs 15 per unit.
“The Tata Power will restart supply at a full capacity of 4,000 MW in the next few days of the Mundra factory.
This will relieve prices on the exchange because the dependence of Gujarat on power will drop very,” said a state government official.
A high-ranking official refused to comment on this problem.
Subsidiary Tata Power Gujarat Power Ltd (CGPL), Adani Power Mundra Ltd (APMUL) and Essar Gujarat Power Ltd.
has stopped the power supply to Gujarat Urja Vikas Nigam Ltd.
For the past one and a half months quoted the increase in imported coal prices in the past few months, which has made Their plants cannot be used.
These companies supply 3,800mW to the Guvnl they entered the Power Purchase Agreement.
“Companies that have plants running in imported coal say that coal prices are currently $ 180 and higher, and the government must remove the $ 90 ceiling to recover coal costs as a temporary solution.
The petition has been submitted before the Gujarat energy regulation commission for this,” said Other government officials who know this problem.
Adani Power, which stops the 1,000 MW power supply recently, has other reasons also cite a contribution that has not been paid by GUVNL despite the command of the Central Electricity Arrangement Committee (Industrial Source Sources).
Adani and Essar’s power officials declined to comment.