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© Manikaran Power Limited
POWER BULLETIN Volume 58 | May 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 April)
Pric
e (R
s/M
Wh)
1,000
2,000
3,000
4,000
5,000
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 April)
Vol
ume
(MW
h)
60,000
70,000
80,000
90,000
1,00,000
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 April)
Vol
ume
(MW
h)
200
950
1,700
2,450
3,200
16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
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 02/10/14 02/11/14 03/12/14 03/01/15 03/02/15 06/03/15 06/04/15 30/04/15
Area-wise Average Power Trading Data from IEX (16 - 30 April 2015)
Region A1Buy volume: 15,417Sell volume: 25,699
Price: 2,340
Region S2Buy volume: 47,369Sell volume: 6,274
Price: 5,634
Region S1Buy volume: 1,63,317Sell volume: 1,49,307
Price: 3,136
Region E2Buy volume: 4,358
Sell volume: 2,38,039Price: 2,340
Region W2Buy volume: 3,32,862Sell volume: 53,439
Price: 2,340
Region N2Buy volume: 4,33,535Sell volume: 71,242
Price: 2,340
Region N1Buy volume: 72,500
Sell volume: 3,93,082Price: 2,340Region N3
Buy volume: 1,35,750Sell volume: —
Price: 2,340 Region A2Buy volume: 34,470
Sell volume: 91Price: 2,340
Region W1Buy volume: 42,007Sell volume: 89,774
Price: 2,340
Region E1Buy volume: 53,695Sell volume: 69,402
Price: 2,340
Region W3Buy volume: 506
Sell volume: 2,39,435Price: 2,340
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 30 April 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 – – – 1 – – – 5
East (Jharkhand, Odisha, Tripura, West Bengal) – 15 – – – – 1 3 3 8
West (Maharashtra, Gujarat) – 22 – – 1 2 3 – 3 18
Central (MP, UP, Uttarakhand, Chhattisgarh) – 12 – – 1 1 2 1 – 8
South (Karnataka, TN, AP, Kerala) – 30 – – 2 2 – – 3 26
© 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
Jharkhand says Reliance Power's Tilaiya exit 'surprising'Reliance Power had sought tariff review despite making an aggressive bidding while quoting the lowest of 1.77 paise per unit for the project.
Smart grid for Gurgaon for 24x7 power supply in works The Haryana government is working on a 'Smart Grid' for uninterrupted 24x7 power supply to the city in the NCR in the coming 12 months.
Reliance Power ineligible for 3 UMPPs including Tilaiya project : PanelParliamentary panel on Wednesday said the power ministry selected an ineligible bidder for Tilaiya, Sasan and Krishnapatnam projects.
India misses power capacity addition target for second year in rowDuring the last financial year (till February 2015), 15,935 MW was produced against the target of 17,830 MW.
Kalpataru Power Transmission bags contracts worth Rs 765 crore It has received an order worth Rs 153 crore in Poland to supply transmission towers and a turnkey contract from supply to commissioning of 110 km transmission lines
Government and Reliance Power differ on Tilaiya UMPP; latter cites delay in land acquisition for projectThe company said it had terminated the power purchase agreement (PPA) of its 3,960-Mw Tilaiya UMPP
Tata Power focuses overseas as losses pile up at Mundra plantThe company plans to invest $600-700 million in a proposed 1,200 MW power plant in Vietnam
Reliance Power fully commissions 3,960 MW Sasan ultra mega power project in Madhya PradeshReliance Power's generation capacity is now 5,945 MW, which includes 5,760 MW of thermal capacity and 185 MW of renewable energy based capacity.
S&P upgrades outlook on Tata Power to 'stable'Tata Power has its 30 per cent stake sale in the Arutmin coal mine in Indonesia for USD 500 million
Four indigenous nuclear reactors will be ready by 2019: GovernmentIn addition, a prototype fast breeder reactor of 500 MW capacity is at an advanced stage of commissioning at Kalpakkam
Jharkhand thermal power plant project not shelved, says JSPLThe capacity of the plant is 1,320 mw
Maharashtra govt targets 14400 MW power generation by 2019The government wants to produce 14,400 MW electricity by 2019 by way of non-conventional methods.
Power Grid Corp approves investment worth Rs 5,548-croreInter-State Transmission Scheme-Part A at an es t imated cos t o f Rs 1 ,479.30 c rore , w i th commissioning schedule of 24 months
Telangana industries face no power cuts for first time in 15 yearsThe Centre also helped the state with additional supply of 115MW from Jhajjar in Haryana.
Lanco Infratech-Adani complete Udupi power plant deal after resolving issues The deal has helped the company reduce its long term debt to Rs 4,275 and short-term debt to Rs 2,147 crore
Discoms await comfort letter from government to get Rs 11,000 crore loan from Power Finance CorporationBRPL & BYPL have sought a loan of Rs 11,006 crore from PFC to pay their dues and stabilize their financial situation.
JBM Group to diversify into solar energy sector with Rs 1,600 crore investmentThe company has an order to execute a 20 mw plant in Haryana
NTPC to centralise vendor procurement systemEvery year, NTPC awards contracts of about Rs 1,600 crore and procures materials for operation & maintenance to the tune of another Rs 2,000 crore
Ten per cent hike in electricity tariff in Madhya PradeshIn 2012-13, the tariff had been hiked by 7 per cent.
Power Bulletin Page 5
News Updates
© Manikaran Power Limited
Tem
pera
ture
(ºC
)
30
35
40
45
50
April 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
35
40
45
50
April 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Ahmedabad SuratNagpur Mumbai
Tem
pera
ture
(ºC
)
25
30
35
40
45
April 2015
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Coimbatore BangaloreHyderabad Chennai
Tem
pera
ture
(ºC
)
30
35
40
45
50
April 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
IEX, PXIL to launch round-the-clock intraday, contingency trading from July
The Central Electricity Regulatory Commission has proposed formulation and implementation of the Reserves Regulation Ancillary Services for grid frequency regulation and reducing congestion in the transmission network.
In its proposal issues last week, the CERC identified 18 inter-state generating stations (ISGS) across the country for setting up the Reserves Regulation Ancillary Services (RRAS) framework. These 18 power plants have about 5 GW of un-requisitioned capacity reserve which would be used for frequency stabilisation and de-congestion of the transmission network.
Other ISGS whose tariff is determined or adopted by the Commission and are operating on part load and have not received full requisition shall also be eligible for the RRAS framework.
The RRAS framework shall be triggered under special circumstances that affect the grid frequency such as sudden shutdown of a large power plant, sudden increase in load, etc.
The participating power plants will be required to submit their energy and variable costs on a monthly basis while the NLDC would prepare a merit list of lowest to highest cost of generation from various power plants. In case of a contingency, the NLDC or RLDC would trigger the RASS dispatching instructions to the relevant power plant to start injection into or reduce injection from the grid.
The power plant will then share the actual generation schedule and related costs with regional power committee. These charges would be shown in the weekly UI account statement.
Stakeholders can submit their suggestions or objections to the CERC by 01 June 2015.
Forecasted High Temperatures for Major Cities (01-15 May 2015)
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Contact Person Mr Nishant Singhal e-mail: [email protected]
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Contact Person Mr Pankaj Kumar Yadav 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
Tel : +91 011 65651994
