Lok Sabha Question No. 2591 (UNSTARRED), answered on 2018-12-27
Subject: Spot Power Tariff
Ministry: POWER
Asked by: K. MARAGATHAM

## GOVERNMENT OF INDIA MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.2591 TO BE ANSWERED ON 27.12.2018

## SPOT POWER TARIFF

2591. SHRIMATI K. MARAGATHAM:

Will the Minister of POWER be pleased to state:

(a) whether the spot power tariff have risen to exorbitant level during the last several months;

(b) if so, the details thereof;

(c) whether  one  of  the  reasons  for  the  same  was  higher  demand  and lower supply; and

- (d) if so, the details thereof?

## A N S W E R

THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER AND NEW & RENEWABLE ENERGY

( SHRI  R. K. SINGH )

(a) to (d) :   Electricity price known as the Market Clearing Price (MCP) is discovered in the power exchanges as per the notified market mechanism for each of the 96 time blocks of 15 minutes in a day. The MCP for each time block depends on the demand and supply. The monthly average MCP has ranged from Rs. 3.14/unit to Rs. 6.5/unit in the power exchange in the country. The Month- wise Average MCP from April to November, 2018 in Indian Energy Exchange (IEX) and Power Exchange of India limited (PXIL) is given at     Annex-I. Buy and sell volume in Power exchange during the period from April-18 to November-18 are given at Annex-II.

***************

ANNEX-I ANNEX REFERRED TO IN REPLY TO PARTS (a) TO (d) OF UNSTARRED QUESTION  NO.    2591  TO  BE  ANSWERED  IN  THE  LOK  SABHA  ON 27.12.2018. *************** Month-wise average MCP from April to November, 2018 in IEX and PXIL.

| Month        | MCP (Rs./unit)   | MCP (Rs./unit)   | MCP (Rs./unit)   |
|--------------|------------------|------------------|------------------|
|              | IEX              | PXIL             |                  |
| April 18     | 3.97             | 3.5              |                  |
| May 18       | 4.6              | *                |                  |
| June 18      | 3.73             | 3.61             |                  |
| July 18      | 3.46             | 3.46             |                  |
| August 18    | 3.34             | 3.14             |                  |
| September 18 | 4.69             | 4.05             |                  |
| October 18   | 5.9              | 6.5              |                  |
| November 18  | 3.58             | 3.74             |                  |
| Average      | 4.17             | 3.47             |                  |

* In the Month of May 2018, there were no transactions.

****************

ANNEX-II ANNEX  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  TO  (d)  OF  UNSTARRED QUESTION  NO.    2591  TO  BE  ANSWERED  IN  THE  LOK  SABHA  ON 27.12.2018.

## ***************

Buy and sell volume in power exchange during April 2018 to November 2018

| Month        | IEX                     | IEX                      | IEX                             | PXIL                    | PXIL                     | PXIL                            |
|--------------|-------------------------|--------------------------|---------------------------------|-------------------------|--------------------------|---------------------------------|
|              | Total Buy Bids (in MUs) | Total Sell Bids (in MUs) | Market clearing volume (in MUs) | Total Buy Bids (in MUs) | Total Sell Bids (in MUs) | Market clearing volume (in MUs) |
| April-18     | 5100.84                 | 5506.03                  | 4055.25                         | 6.60                    | 60.72                    | 5.80                            |
| May-18       | 6441.02                 | 6123.28                  | 4915.98                         | 0.76                    | 41.88                    | 0.00                            |
| June-18      | 5961.80                 | 7918.14                  | 4965.17                         | 16.43                   | 69.73                    | 15.39                           |
| July-18      | 4981.17                 | 7337.04                  | 4027.79                         | 30.67                   | 73.13                    | 26.45                           |
| August-18    | 4899.16                 | 7336.80                  | 4019.36                         | 12.72                   | 51.17                    | 4.94                            |
| September-18 | 7408.03                 | 7688.27                  | 5725.49                         | 40.99                   | 47.70                    | 15.76                           |
| October -18  | 8543.29                 | 8141.12                  | 6505.17                         | 7.36                    | 40.49                    | 4.80                            |
| November -18 | 4610.51                 | 6937.06                  | 3403.89                         | 7.03                    | 12.17                    | 2.58                            |

****************