© Manikaran Power Limited
POWER BULLETIN Volume 68 | October Edition I
Exchange-based Power Trading
Page 1 Exchange-based Power Trading
Page 2 Area-wise Average Power Trading at IEX Average Daily Frequency
Page 3 Short-term, Open Access Trends
Page 4 Storage Status of Important Reservoirs Summary of REC Trading
Page 5 Power Sector News Updates
Page 6 Regulatory Updates Forecasted High Temperatures in CitiesC
ON
TEN
TS
Year-on-year price comparison of power traded on IEX and PXIL (16 - 30 September)
Pric
e (R
s/M
Wh)
1,000
2,750
4,500
6,250
8,000
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
IEX 2015 IEX 2014 PXIL 2015 PXIL 2014
Year-on-year volume comparison of power traded on IEX (16 - 30 September)
Vol
ume
(MW
h)
60,000
80,000
1,00,000
1,20,000
1,40,000
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2015 2014
Year-on-year volume comparison of power traded on PXIL (16 - 30 September)
Vol
ume
(MW
h)
0
200
400
600
800
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
2015 2014
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Freq
uenc
y (H
z)
49.70
49.80
49.90
50.00
50.10
50.20
01/09/14 20/10/14 08/12/14 26/01/15 16/03/15 04/05/15 22/06/15 10/08/15 27/09/15
Area-wise Average Power Trading Data from IEX (16 – 30 September 2015)
Region A1Buy volume: 6,815Sell volume: 50,400
Price: 3,052
Region S2Buy volume: 60,179Sell volume: 5,236
Price: 5,909
Region S1Buy volume: 66,099
Sell volume: 1,17,752Price: 5,884
Region E2Buy volume: 3,765
Sell volume: 1,53,735Price: 3,052
Region W2Buy volume: 3,53,291Sell volume: 2,60,472
Price: 3,052
Region N2Buy volume: 4,76,552Sell volume: 59,939
Price: 3,066
Region N1Buy volume: 1,60,575Sell volume: 3,13,335
Price: 3,066Region N3Buy volume: 84,600
Sell volume: —Price: 3,066 Region A2
Buy volume: 14,039Sell volume: 17,814
Price: 3,052
Region W1Buy volume: 5,350Sell volume: 27,656
Price: 3,052
Region E1Buy volume: 2,84,047Sell volume: 1,12,568
Price: 3,052
Region W3Buy volume: 40,994
Sell volume: 4,37,397Price: 3,052
Average Daily Frequency of Indian Power Grid
Power Bulletin Page 2
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Short Term Open Access
Major Buyers at Exchanges in August 2015 (MUs)
Others 1,304
West Bengal 172
Haryana 171
Maharashtra 253
Gujarat 301
Rajasthan 575
Major Sellers at Exchanges in August 2015 (MUs)
Others 1,648
Karnataka 125
Madhya Pradesh 155
Karcham Wangtoo 162
Jindal India TPL 335
Himachal Pradesh 351
Power Bulletin Page 3
Approved Bilateral & Collective STOA (million kWh) FY2014-15 & FY2015-16
Vol
ume
(MU
s)
0
1,750
3,500
5,250
7,000
SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG
Collective Bilateral
Approved Bilateral Short Term Open Access (million kWh)
Month | RLDC NOV ‘14 DEC ‘14 JAN ‘15 FEB ‘15 MAR ‘15 APR ‘15 MAY ‘15 JUN ‘15 JUL ‘15 AUG ‘15
North 1,328 1,920 2,116 1,611 1,256 532 1,282 2,603 2,906 3,357
West 1,033 1,199 844 598 829 748 555 754 749 787
South 753 997 1,174 1,088 1,088 1,574 1,573 2,228 2,182 1,929
East 462 473 475 444 507 1,101 941 731 799 735
North-East
70 82 115 137 146 75 130 123 116 93
TOTAL 3,646 4,671 4,724 3,878 3,826 4,030 4,481 6,439 6,752 6,901
Storage status of important reservoirs (As on 30 September 2015)
Region – No. of reservoirs
Filing position w.r.t. FRL
100% 91-99% 81-90% 71-80% 61-70% 51-60% 41-50% < 40%
North (HP, Punjab, Rajasthan) – 6 – 3 1 1 – 1 – –
East (Jharkhand, Odisha, Tripura, West Bengal) – 15 2 – 4 – 1 6 1 1
West (Maharashtra, Gujarat) – 27 3 3 5 4 2 3 – 7
Central (MP, UP, Uttarakhand, Chhattisgarh) – 12 1 2 2 3 3 – – 1
South (Karnataka, TN, AP, Kerala) – 31 – – 1 1 4 6 6 13
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Summary of REC Trading & MPL share – 30 September 2015
Power Bulletin Page 4
Summary of REC trading on IEX
Vol
ume
0
35,00,000
70,00,000
1,05,00,000
1,40,00,000
Buy Bids Sell Bids Cleared Participants
29234,731
16,86,276
8,329 1,0331,56,435
1,06,95,676
1,56,435
IEX MPL
Summary of REC trading on PXIL
Vol
ume
0
20,00,000
40,00,000
60,00,000
80,00,000
Buy Bids Sell Bids Cleared Participants
645,5484,35,675
2,441 37,184
54,26,152
37,184
PXIL MPL
MPL Share 28.27%
MPL Share 22.20%
Solar REC Clearing Price: Rs 3,500/MWh Non-solar REC Clearing Price: Rs 1,500/MWh
Solar REC Clearing Price: Rs 3,500/MWh Non-solar REC Clearing Price: Rs 1,500/MWh
MPL Share 14.92%
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ABB India bags orders worth Rs 119 croreThe most significant project is the Adani Group's 648 MW solar plant in Kamuthi.
13 gas-based power plants to be revived after LNG e-auctionThese plants would generate 11.03 billion units of electricity.
Government to pump in Rs 70,000 crore in replacing old thermal power plantsThis will lead to a savings of about Rs 40,000 crore on land acquisition.
Sterlite Grid commissions Jabalpur Transmission projectSterlite Grid charged the 379 km-long 765-kv double circuit Dharamjaygarh-Jabalpur transmission line.
Meenakshi Power, other Engie assets on Adani and Morgan Stanley's radar In December 2013, Engie had bought a 74 per cent stake in Meenakshi Power's coal-fired power plant for about Rs 650 crore.
NTPC may exceed capacity addition target of 11,920 MWNTPC has over 23,000 MW capacity under construction and nearly 9,500 MW is under bidding
PM Modi launches Rs 45,000 crore scheme to strengthen power distributionVaranasi was sanctioned Rs 350 crore under the scheme which was not utilised and now the government has allocated additional Rs 550 crore
PowerGrid to set up lines to link solar parks with Inter-State Transmission SystemThe PSU (PowerGrid) already has more than Rs 40,000 crore of capital works in progress, which need to be implemented.
Government targets bringing down T&D losses to 15% by 2019The Rs 45,000-crore Integrated Power Development Scheme was launched by the Prime Minister on Friday.
States will have to finance loss-making discomsThe gross NPAs of state-owned banks at the end of March quarter stood at 5.20 per cent of their total loan portfolio.
India may include yen along with dollar, euro to pay for solar powerThe foreign currency denomiated tariff plan could see rates go down to Rs.4.37 a unit.
Telangana inks deal with Chhattisgarh to buy 1000 MW powerThe PPA would be in force for the next 12 years.
Sutlej Jal Vidyut Jal Nigam aims to increase installed capacity to 10,564 MWThe Corporation had already commissioned three projects with capacity of 1,960 MW.
Steel manufacturers demand reduction in power tariffElectricity constitutes 70 per cent of the raw material cost in steel manufacturing.
Rural Electrification Corp inks 2 MoUs with Andhra Pradesh utilities to provide Rs 9,000 crore loanTo provide Rs 9,000 crore loan for 500-MW solar power plant and transmission network for state's capital.
BHEL commissions 250 MW unit at Sikka thermal power plantIt is the second unit of 250 MW to be commissioned by BHEL at Sikka TPS.
Lanco Kondapalli Power Ltd inks PPAs with Telangana and Andhra Pradesh discomsThe EPC order book of Lanco (including power and solar projects) stands at Rs 28,158 crore.
DERC wants industries to shift activities to off peak hoursThe DERC has kept peak hours from 1-5 PM and 9 PM to 12 AM.
NTPC's Lara thermal project in Chhattisgarh to start by March 2017The present installed capacity of the company is 45,548 MW.
Lenders approve higher cost in 4 Lanco Infratech projectsThe consolidated liabilities of Lanco Infratech amounted toRs 37,220 crore at the end of March 2015.
ABB readies first phase of North-East Agra transmission link to supply hydro-powerABB has energised the first pole of the North-East Agra 800 kV UHVDC transmission link.
Lanco to sell 3,000MW power assets in FY18 to pare Rs 18,000 crore debtThe cost overruns for 4,036 MW of power projects of around Rs 33,000 crore.
Power Bulletin Page 5
News Updates
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Tem
pera
ture
(ºC
)
33
36
39
41
44
September 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Delhi LudhianaAmritsar Jaipur
Regulatory Updates
Tem
pera
ture
(ºC
)
30
34
38
41
45
September 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Ahmedabad SuratNagpur Mumbai
Tem
pera
ture
(ºC
)
25
29
33
36
40
September 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Coimbatore BangaloreHyderabad Chennai
Tem
pera
ture
(ºC
)
30
33
35
38
40
September 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Raipur BhopalKolkata Kanpur
Source: AccuWeather
Power Bulletin Page 6
MERC issues draft regulations on transmission open access
The Maharashtra Electricity Regulatory Commission has issued draft regulations for transmission open access and has called for public comments on the same. Some of the salient features of the draft regulations are:
• The Nodal Agency for grant of Short-term Open Access to the Intra-State Transmission System shall be the MSLDC.
• The Nodal Agency for grant of Connectivity and Open Access to the Inter-State Transmission System shall be as specified by the Central Commission.
• A Consumer having a load of 5 MW or more and a Generating Station having a capacity of 5 MW or more shall be eligible to obtain Connectivity to the Intra-State Transmission System.
• A Generating Station with an installed capacity below 5 MW may also obtain Connectivity to the Intra-State Transmission System if it is technically feasible.
• The application for Connectivity shall be accompanied by a Demand Draft or proof of payment by electronic mode of a non-refundable fee of Rs 2 lakh; amount for renewable energy-based power plant shall by Rs 1 lakh.
• Applicants shall be able to apply for long-term (12 to 25 years), medium-term (3 months to 3 years), and short-term (not more than one month)
Forecasted High Temperatures for Major Cities (01-15 October 2015)
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Contact Person Mr Prabhat Kumar e-mail: [email protected]
Bangalore: 1320, 3rd Floor, Sai Krishna Arcade 24th Main, Near Purva Fairmont Apartments, Sector 2, HSR Layout, Bangalore 560102 Tel: 080-4924 9999 FAX: 080-4924 9901
Contact Person Sumit Kumar e-mail: [email protected]
Disclaimer: This newsletter is a service provided by Manikaran Power Limited’s Knowledge Partner (MPL KP) after it selects articles and data from publicly available sources. MPL KP has taken due care and caution in compilation of articles as has been obtained from various sources including which it considers reliable and first hand. However, MPL KP does not guarantee the accuracy, adequacy or completeness of any article and it not responsible for errors or omissions or for the results obtained from the use of such articles and especially states that it has no financial liability whatsoever to the users of this service. Under no circumstances shall any of the information provided herein be construed as a buy or sell recommendation, or investment advice of any kind.
Power Bulletin Page 6
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