UP plans to purchase 500 MW power on short term basis

Uttar Pradesh, which is facing power shortages, is looking to purchase 500 MW electricity on round-the-clock basis.
The 500 MW electricity is proposed to be bought on a short term basis from various entities, including generators and state utilities, according to the UP Power Corporation Ltd (UPPCL), a state government undertaking.
The move comes against the backdrop of Uttar Pradesh witnessing severe power supply disruptions last week which also saw the Centre asking the state government to even procure electricity from the exchanges to meet the requirements.
UPPCL has issued a public notice seeking Expression of Interest for supply of power on short term basis.

It plans to buy "500 MW, round-the-clock, firm power from June 10 to June 30, under short term basis" from trading licensees, generators, state utilities, distribution licensees and State Electricity Boards (SEBs), among others.
SEBs should be situated in northern, eastern and north eastern regions, according to the notice.

The tariff, to be quoted by the interested entities, should include basic price, trading margin, open access charges, transmission losses and taxes, among others.
In the wake of power crisis in Uttar Pradesh last week, the Power Ministry had said that the state "can also procure adequate power from the power exchanges to meet its shortage".

"The peak demand of Uttar Pradesh is of the order of 12,700 MW out of which around 10,700 MW is met leaving a shortfall of around of 2,000 MW at present," the ministry had said in a press release last Friday.
The internal generation of UP is about 10,100 MW.