Odisha buys 300-400Mw power from spot exchanges to plug peak deficit

Deficient monsoon rains in Odisha have impacted water levels in key reservoirs, forcing state-owned bulk power buyer and trader Gridco Ltd to source power from energy exchanges to plug peak deficit.

Hydro power generation in the state reaches its peak during July-August when the state is lashed by rains. However, deficient monsoon rainfall has dampened generation of inexpensive hydro power. The scanty rainfall has sparked fears of drought in many districts, specially those in the state's western part.

“We are consistently buying 300-400 Mw power from the energy exchanges to meet our requirement in the peak hours. Our reservoir levels