Finding power buyers at certain cost hampering trade: Scindia
New Delhi: There are hurdles in finding electricity buyers at certain cost, alongside transmission bottlenecks in some corridors, that have dampened power trade in the country, Parliament was informed on Tuesday.
"The constraint in selling power may be in finding appropriate buyer at a particular cost of power or transmission constraints in certain corridors," Power Minister Jyotiraditya Scindia said in the Rajya Sabha today.
There is a shortage of power in all the states in the country. It varies from state to state depending on the demand and availability of power.
Surplus power accrues in some of the states on seasonal basis or for a few days in a month or for certain hours in a day or year, depending upon the requirement and availability of power during the period, Scindia said.
States generally dispose of the surplus power through power exchanges, trading licensees and bilateral agreements.
The power trade is also suffering as there is overall shortage of electricity in the country.
As CEA data, the country witnessed a peak power deficit -- shortfall in generation capacity when electricity consumption is maximum -- of 9.8 percent or 8,291 MW in the month of January this year.
The total power requirement of the country in January stood at 84,616 MW of which 76,325 MW was met.
The minister said the government is taking steps to speed up commissioning of power projects in a timely manner to prevent cost escalation and meet shortages.
As per reports, 107 thermal and 50 hydro-electric projects are under construction in the country.