The cost of power hit a new high of Rs 18.2 per unit in the electricity exchange on Thursday due to increased demand from discoms including Tangedco. Facing shortage of coal supply for power generation, Tangedco has been depending on purchase of power from private sources and the exchange.
“Due to coal shortage, Tangedco units are working at 50% capacity. Tuticorin units have coal stock to the extent of 3 days and that is the maximum among all our units,” said a senior Tangedco official. Other units have coal stock for 1 to 2 days alone, he said.
The demand is around 14,500MW and most of the power supply is being met from Indian Electricity Exchange. “In the last few days the short demand tariff has hit Rs 18 per unit as several states which are facing coal shortage are bidding for power,” said a senior exchange official. Read More