Now Reading: AP Chambers, IEX hold power market workshop in Vijayawada
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AP Chambers, IEX hold power market workshop in Vijayawada
The Andhra Pradesh Chambers of Commerce and Industry Federation, in association with the Indian Energy Exchange, organised a workshop on the power market for large industrial consumers in Vijayawada on Thursday. The…
The Story in Brief
The Andhra Pradesh Chambers of Commerce and Industry Federation, in association with the Indian Energy Exchange, organised a workshop on the power market for large industrial consumers in Vijayawada on Thursday. The event targeted units with a contracted demand of 1,000 kW and above. IEX officials Gaurav Maheswari and Surajit Mukherjee explained regulatory changes, electricity market products, and the bidding process. They emphasised how the exchange offers a transparent platform for price discovery and flexibility in power procurement, including trading in electricity, renewable energy, and energy certificates. Around 70 industrialists attended the session.
The Indian Opinion
The workshop suggests industry is eager to cut power costs through market mechanisms, but narratives about 'deregulation as silver bullet' often ignore that state discoms remain dominant and captive. The real test will be whether industrial consumers actually shift significant load to the exchange, lowering their tariffs. Will APERC data next year show a measurable rise in exchange-based procurement? That number will settle the question.
Source: thehindu.com
This story was synthesised by AI from the source linked above.
