Power Trading

After the enactment of Electricity Act in 2003,the concept of Open Access and Power trading were created. Since generation and consumption of Power is not evenly distributed in India,the concept of Power trading enables surplus generation from one Region to flow to another region which is deficit in Power or within the same Region. Power trading fundamentally means that a transaction where the price of power is negotiable and options exists about whom to trade with and for what quantum.


Open Access

CONREN is expert in maintaining the pool of buyer and sellers and facilitates the bilateral transaction through short term, medium term and long term Open Access contracts.

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Open Access means the non-discriminatory provision for the use of transmission lines or distribution system or associated facilities with such lines or system by any licensee or consumer or a person engaged in generation in accordance with the regulations specified by the Appropriate Commission.

Slient Feature :

Commercial mechanism for transmission pricing for long, medium and short term open access including UI and transactions through exchange.
Approval of open access for the desired quantum and period of supply.
Non-discriminatory open access.
Freedom for scheduling of power.
Freedom to revise the open access or cancellation thereof.
Policies could be different for ‘Advance Scheduling’, ‘Day-ahead Scheduling’ or ‘Booking of Open access’, as the case may be.
Freedom to market that could boost the growth.
Appropriate settlement mechanism.

Open Access: Key Success Factors

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1. Control area demarcation & boundary metering.
2. Robust transmission system.
3. Balancing mechanism.
4. Methodology for transmission charge sharing.
5. Treatment of transmission losses.
6. Streamlined scheduling and settlement mechanism.
7. Transparency and non-discriminatory implementation.
8. Compliance.
9. Dispute redressal mechanism.
10. Congestion management.

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