Faced with a power shortage that led to load-shedding across the state, the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has now bought 1,450 MW power through short-term power purchase agreements with generators.
“Short-term agreements have been signed for purchase of power over the next month. While some agreements are for receiving supply for a week, others are for a month,” said a senior official of MSEDCL. “For the next month, we have made necessary arrangements. We are preparing to issue more letters of intent for similar agreements,” he said. An additional 600 MW was bought off the energy exchange to keep load shedding at bay for Monday. Read More…
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