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Open Access Power Purchase

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Presentation on theme: "Open Access Power Purchase"— Presentation transcript:

1 Open Access Power Purchase
Ecotec Consultancy Services Open Access Power Purchase

2 Definition Electricity Act 2003: Open Access is defined as
“Open access” means the non-discriminatory provision for the use of transmission lines or distribution system or associated facilities with such lines or system by any licensee or consumer or a person engaged in generation in accordance with the regulations specified by the Appropriate Commission.”

3 SERVICE OFFERINGS TO OUR CLIENTS
POWER TRADING: Bilateral Transactions – Sale/Purchase of Power Swapping Arrangement of Power (Energy Banking) Collective Transactions (IEX, PXIL) Renewable Power Trading Advisory INNOVATION | INTEGRITY | PERFECTION

4 PROCESS BY IEX (Daily Bidding)
Volume cleared Report and price are determined by same day (trading date) evening. Payment terms will be advance of one day consumption BIDDING TIME UPTO 11 AM, ONE DAY PRIOR Ex. Trading date : , Delivery Date : Delivery starts from date changing hours 00:00 to 24:00 BY Bilateral Transaction (Fixed Tariff Agreement) Agreement between Consumer and Provider for a longer period with Fixed Rate Bill will be generated monthly. Payment terms will be within seven days from monthly Bill generation date like ISCOM.

5 Pre-requisites of Open Access
Special Energy meters (ABT Meter – 0.2 S class) are required to be installed for energy accounting. Available Transmission Corridor. (11KV, 33KV, 66KV,110KV etc.) Contract demand should be more than 1 MW (1125 KVA). Payment security for availing Open Access. No court case pending related to BESCOM.

6 INVESTMENT ANNUAL IEX REGISTRATION FEES : Rs One lakh + SERVICE TAX
MONTHLY NOC FEES : Rs 5000 dd in favor of CHIEF ENGINEER SLDC, KPTCL (Applicable for month industry wish to trade) ABT Meter if not installed (As per vendor Quotation)

7 Open Access cost analysis (1MW Purchase by IEX)
BIDDING COST ANALYSIS Description Total per day Volume to be purchased in an Hour in kWh 1000 No. of Hours 24.00 Actual Rate As on Rs. Per Mwh Actual Rate As on Rs. Per kWh 2.95 ADJUSTMENT OF POC/CTU TRANSMISSION , STATE TRANSMISSION & DISTRIBUTION LOSSES Unit purchased from power exchange in kWh Adjustment of POC/CTU Transmission Losses 1.95% Adjustment of State Transmission Losses 3.47% 22715 Distribution loss 4.20% 21761 ADJUSTMENT OF CHARGES & CROSS SUBSIDY Cost of Energy as per Market Clearing Price NLDC Application Fee in Rs. Per Day* 5.00 NLDC Scheduling & Operating Charges in Rs Per Day* 180.00 NOC charges per month 5000 POC / CTU Transmission Charges in Rs. Per kWh 0.2694 State Transmission Charges in Rs. Per kWh 0.08 SLDC Scheduling and Operating Charges in Rs. Per Day IEX Transaction Fees in Rs. Per kWh 0.0230 552.00 Trading margin in Rs. Per kWh 276.00 Cross Subsidy in Rs. Per kWh 1.18 Cost to meet RPO in Rs. Per kWh (Non-Solar) Cost to meet RPO in Rs. Per kWh (Solar) 415.81 Total amount to be paid in Rs. Landed cost to in Rs. Per kWh 5.25 BESCOM Variable Cost to Consumer in Rs. Per kWh 6.43 Total billing Cost as per MESCOM Total billing Cost as per Power Trading savings / Losses Adjustments TOTAL SAVINGS

8 Cost Analysis for Bilateral Transaction (Fixed Tariff Agreement)
Savings in the range of Rs 1.10 to 1.25 per Unit from base rate of ISCOM. Agreement will be for two years. Can be renewed with mutual consent. IEX price will be varied as per Demand-supply. FTA price will be fixed irrespective of demand- supply.

9 Pros and cons (IEX) Pros Cons
Can be bought independently for slot of 15 mins each in a day Can be purchased from one slot of 15 mins to all slot of 24 hrs each in a day as per operation schedule. No long Term Commitment required as it is Day Ahead Process. If bid is not cleared than Power will be continued from ESCOM at ESCOM Price Cons Whatever is purchased for the duration, need to consumed. Power purchased will be considered as consumed even if there is power cut from BESCOM Price of Exchange determined on trading date based on Demand Supply Curve for every 15 minutes interval.

10 Contact Person: Vinay Kumar : Suresh Tammineni :


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