There is no buyers for Power ?

This is quite interesting, While everyone is after making new Power plants "at any co(a)st" to combat power shortage, This is shockingly contradictory !

Lots of power, no buyers; more load shedding - Express India

Lots of power, no buyers; more load shedding
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Express News Service
Posted online: Friday , August 22, 2008 at 12:16:05

Pune, August 21 Power was available in abundance on Thursday — 4,200 MW could not be sold due to lack of buyers at The Indian Energy Exchange (IEX) — yet the city continued to reel under power cuts.

The Pune division CEO of the Maharashtra State Electricity Distribution Company Ltd (MSEDCL), R B Gautam, reiterated that as long as power is available there would be no load shedding. But power was available and there was load shedding

IEX is a nationwide automated and online electricity trading platform. Its CEO, Jayant Deo, said it had 9,663 MW available and sold 5463 MW at rates between Rs 2.90 and Rs 8.90 per unit. Tata Power Company did not purchase power for Pune on Thursday, Deo said.

The city still needs 150 MW of power, Gautam said, adding that load shedding would be enforced when power was not available. On Thursday, areas under Group B like Rasta Peth and others faced power cuts up to four-and-a-half hours.

The dry spell for two days has also raised the overall shortfall in the state to 3,500 MW. According to MSEDCL officials in Mumbai, the statewide demand was 12,700 MW and only 9,700 MW was available.

Thermal power units are still under the annual overhaul, especially units 3 and 5 at Chandrapur, unit 3 at Bhusawal, unit 1 at Khaparkhede and unit 2 at Khoradi. These units jointly generate more than 1000 MW.

Pradeep Bhargava, chairman of the Maharashtra Council of the Confederation of Indian Industry, said he was now working towards procurement of 325 MW from October 1 for Pune and Thane. He and other consumer activists have several questions for the MSEDCL as the latter’s predictions about availability of power have gone awry and an ambiguity has emerged about the load shedding protocol. Vivek Velankar of Sajag Grahak Manch points out that Tata Power Company had successfully provided the required power to mitigate load shedding in Pune during the crucial months of April to June.