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© Manikaran Power Limited
POWER BULLETIN Volume 59 | May Edition II
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 (01 - 15 May)
Pric
e (R
s/M
Wh)
1,000
1,750
2,500
3,250
4,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
IEX 2015 IEX 2014 PXIL 2015 PXIL 2014
Year-on-year volume comparison of power traded on IEX (01 - 15 May)
Vol
ume
(MW
h)
60,000
75,000
90,000
1,05,000
1,20,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
2015 2014
Year-on-year volume comparison of power traded on PXIL (01 - 15 May)
Vol
ume
(MW
h)
200
650
1,100
1,550
2,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
2015 2014
© Manikaran Power Limited
Freq
uenc
y (H
z)
49.70
49.80
49.90
50.00
50.10
50.20
01/09/14 07/10/14 12/11/14 18/12/14 23/01/15 28/02/15 05/04/15 10/05/15
Area-wise Average Power Trading Data from IEX (01 – 15 May 2015)
Region A1Buy volume: 12,243Sell volume: 25,756
Price: 2,309
Region S2Buy volume: 39,353Sell volume: 6,730
Price: 7,294
Region S1Buy volume: 1,93,239Sell volume: 1,91,615
Price: 3,283
Region E2Buy volume: 2,526
Sell volume: 3,26,253Price: 2,309
Region W2Buy volume: 2,96,408Sell volume: 43,783
Price: 2,287
Region N2Buy volume: 4,25,722Sell volume: 53,483
Price: 2,309
Region N1Buy volume: 81,898
Sell volume: 4,14,974Price: 2,309Region N3
Buy volume: 1,90,201Sell volume: —
Price: 2,309 Region A2Buy volume: 11,579Sell volume: 3,558
Price: 2,309
Region W1Buy volume: 25,278Sell volume: 38,259
Price: 2,287
Region E1Buy volume: 1,46,041Sell volume: 79,230
Price: 2,309
Region W3Buy volume: 1,602
Sell volume: 2,42,449Price: 2,287
Average Daily Frequency of Indian Power Grid
Power Bulletin Page 2
© Manikaran Power Limited
Short Term Open Access
Major Buyers at Exchanges in March 2015 (MUs)
Others 933
Uttarakhand 158
Telangana 160
Essar Steel 283
Gujarat 301
Rajasthan 469
Major Sellers at Exchanges in March 2015 (MUs)
Others 1,359
Sterlite 124
JSPL 140
Karnataka 163
Himachal Pradesh 188
Madhya Pradesh 330
Power Bulletin Page 3
Approved Bilateral & Collective STOA (million kWh) FY2014-15
Vol
ume
(MU
s)
0
1,625
3,250
4,875
6,500
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
Collective Bilateral
Approved Bilateral Short Term Open Access (million kWh)
Month | RLDC JUL ‘14 AUG ‘14 SEP ‘14 OCT ‘14 NOV ‘14 DEC ‘14 JAN ‘15 FEB ‘15 MAR ‘15
North 2,293 3,030 2,654 899 1,328 1,920 2,116 1,611 1,256
West 578 695 496 822 1,033 1,199 844 598 829
South 1,061 1,061 962 838 753 997 1,174 1,088 1,088
East 913 779 789 657 462 473 475 444 507
North-East
24 24 34 42 70 82 115 137 146
TOTAL 4,869 5,589 4,935 3,258 3,646 4,671 4,724 3,878 3,826
Storage status of important reservoirs (As on 07 May 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 – – – – – – – 5
East (Jharkhand, Odisha, Tripura, West Bengal) – 15 – – – – 1 2 3 9
West (Maharashtra, Gujarat) – 22 – – 1 2 3 – 2 19
Central (MP, UP, Uttarakhand, Chhattisgarh) – 12 – – 1 1 2 – – 8
South (Karnataka, TN, AP, Kerala) – 30 – – 2 – – – 2 27
© Manikaran Power Limited
Summary of REC Trading & MPL share – 29 April 2015
Power Bulletin Page 4
Summary of REC trading on IEX
Vol
ume
0
22,50,000
45,00,000
67,50,000
90,00,000
Buy Bids Sell Bids Cleared Participants
26516,610
13,34,942
6,988 91945,202
63,02,214
45,202
IEX MPL
Summary of REC trading on PXIL
Vol
ume
0
17,50,000
35,00,000
52,50,000
70,00,000
Buy Bids Sell Bids Cleared Participants
651,6664,26,693
331 18,932
61,44,463
18,932
PXIL MPL
MPL Share 29%
MPL Share 37%
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 9%
© Manikaran Power Limited
Uttar Pradesh PCL scraps order that could have inflated billsOrder would have increased consumption of electricity, on paper
Power generation at a NTPC unit stopped in Karimnagar district, Telanaga500 MW unit of the power plant shutdown due to leakage
Power Grid to invest over Rs 1,000 crore in next few years One of the projects includes transmission line for 1 GW solar power plant in Andhra Pradesh
Transmission projects of Rs 1 lakh crore to be bid out in 6 months11 transmission projects are stranded due to land acquisition issues
Private plants upset Punjab discom's plans of uninterrupted power supplyPartial or full shutdown of power plants has resulted in 2,000 MW shortfall
Investments worth $250 billion lined up in coal, power and renewable energy Government expects to open 40-50 coal mines in next 18 months
BHEL beats power generation capacity addition target by 19%BHEL commissioned 8,230 MW capacity against target of 6,914 MW
Adani Power consolidated profit falls 72% in Q4 FY2015Consolidated loss increased three times in FY2014-15
No major power cuts this summer: Odisha governmentPeak demand in Odisha is 3,850 Mw against production of 3,600 MW
Alstom T&D India bags Rs 227 crore order from Power Grid Alstom will provide one substation each in Gujarat and Madhya Pradesh
Rs 1 lakh cr worth power transmission lines to be set up in 6 months in south IndiaThe PGCIL has been given the contract to increase transmission capacity at an investment of Rs 30,000 crore
West Bengal signals cheaper power tariff in 2-3 yrsThe cost of coal for the state discom, WBPDCL, may come down to Rs 1,800 per tonne from the earlier Rs 2,600 per tonne
Southern states to get affordable power in 2 years: Piyush GoyalThe Centre has formulated a Rs 27,000 crore project for generating 6,000 mw power in another two years
NTPC's Madhya Pradesh power plant gets green backing from panelThe stipulations for the project, estimated to cost Rs 7,000 crore, are the coal transportation should be by rail
Power generation in KNPP's first unit suspended due to snagWork on commercial power generation in the 1,000 MW second unit was also continuing
Power tariffs up in Haryana; farmers, EWS category sparedUp to first 50 units the rate will be Rs 2.70 per unit as compared to Rs 4.93 in Delhi and Rs 4.52 in Punjab
Punjab industry unhappy with new power tariffSays no relief for the industry despite state being 'power surplus'
PSERC keeps power rates unchanged for first time in 7 years Domestic and commercial users with low consumption will face less tariff
NTPC to build India's biggest power plant in joint venture with Jharkhand state utilityWhile NTPC will hold 76% stake in the Rs 35,000-crore coal-fired plant, Jharkhand State Electricity Board (JSEB) will own the remaining 24%.
Piyush Goyal apprises Lok Sabha of rationalisation of power sourcingIndia would stop importing thermal coal in the next one or two years as the country's domestic coal production is increasing.
Power Bulletin Page 5
News Updates
10 gas-based power units get subsidy worth Rs 792 crore.Power plants bid for subsidy of Rs 1.42kWh after four rounds of bidding
© Manikaran Power Limited
Tem
pera
ture
(ºC
)
30
35
40
45
50
April 2015
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Delhi LudhianaAmritsar Jaipur
Regulatory Updates
Tem
pera
ture
(ºC
)
25
31
38
44
50
April 2015
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Ahmedabad SuratNagpur Mumbai
Tem
pera
ture
(ºC
)
25
30
35
40
45
April 2015
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Coimbatore BangaloreHyderabad Chennai
Tem
pera
ture
(ºC
)
25
30
35
40
45
April 2015
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Raipur BhopalKolkata Kanpur
Source: AccuWeather
Power Bulletin Page 6
Punjab keeps power tariffs unchanged, updates RPO targets for 2020
Punjab State Electricity Regulatory Commission (PSERC) has decided to keep power tariffs for industrial and commercial user unchanged for FY2015-16.
Energy charges for all industrial users will remain constant between Rs 5.85 to Rs 6.33/kWh across categories. Monthly fixed charges shall also remain unchanged at Rs 157/kVAh to Rs 491/kVAh. Commercial users will continue to pay Rs 6.09 to Rs 6.35/kWh as energy charges while fixed charges will be Rs 301 to Rs 314/kVA.
Industrial consumers would face additional cross-subsidy charges between 3.67% and 14.89% while these charges for commercial users would be between 9.25% and 17.52%.
The commission has decided to update the Renewable Purchase Obligation (RPO) regulations. The RPO targets had been earlier been announced up to 4% (solar and non-solar) for FY2014-15. The RPO targets have now been announced up to FY2019-20. For the current financial year i.e. FY2015-16 the solar RPO has been increased to 1% from 0.19% last year; the non-solar RPO shall be 3.9%.
The solar RPO target will increase every year to reach 2.5% in FY2019-20 whereas the non-solar RPO would be 4.5% taking the total RPO to 7%.
Forecasted High Temperatures for Major Cities (16-31 May 2015)
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Kolkata: 3,"AASTHA", 460, EM Bypass, Kolkata, WB 700 017 Tel : +91-33-24431994/3994/ 4061-0165 Fax : +91-33-24433995/ 4061-0166
Contact Person Mr. Somnath Halder e-mail : [email protected]
Mumbai: 302, Agarwal Arcade, Khevra Circle, Manapada, Thane Mumbai - 400610 Tel- +91 22 67422400/25895210 Fax - +91 22 67422404
Contact Person Mr. Sougata Chatterjee e-mail : [email protected]
Delhi: D 21, Corporate Park, 2nd floor,
New Delhi 110075 Tel: +91 011 65651994
Mr Nishant Singhal e-mail: [email protected]
Chennai: 29/C-19 Shanmuga Priya Apartments, Rangan Street, T Nagar, Chennai- 600017
Contact Person Mr Pankaj Kumar Yadav e-mail :[email protected]
Bangalore: 1320, 3rd Floor, Sai Krishna Arcade
Sector 2, HSR Layout, Bangalore 560102
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
Contact Person Fax: +91 080 4924 9901
Dwarka Sector-21, 24th Main, Near Purva Fairmont Apartments,
Tel: +91 080 4924 9999
