IRPRI’s 4 Day Residential Training Programme concludes

IPPAI Regulatory & Policy Research Institute, with India Smart Grid Forum (ISGF) organized a four-day residential, training program on “Reducing Power Costs through Optimisation:  A to Z of Power Trading; Mandatory Trading of RECs & ESCerts”.The training program that started on 29^th June  concluded today (2^nd July) in IRPRI Resort, Belgundi, Belgaum, Karnataka.

The course was designed to meet three urgent requirements of the industry like how to lower power procurement costs, how to meet RPO obligations and how to avoid penalties under the PAT scheme.

Tamil Nadu Electricity Regulatory Commission (TNERC), West Bengal Electricity Regulatory Commission (WBERC), Uttar Pradesh Electricity Regulatory Commission (UPERC) and companies such as Tata Steel, Tata Sponge Iron, Tata Power, Gujarat Alkalies & Chemicals, Gujarat Sidhee Cement, Kalyani Steel, JSW and CESC among others participated in the course.

Speaking on the occasion Harry Dhaul, Director General, IPPAI said “The public sector could not keep up with the growing power demand in the country. Hence, the power sector was opened up to private sector participation. The private sector is suspect in today’s day and age simply because it works for a profit. It has to invest money and take the risk. However, the government authorities then decide what happens next. He added “Discoms sign PPAs for expensive renewable energy. When the time comes to despatch renewable energy especially at night when demand for power is low, power is not dispatched/mainstreamed by the transmission utility/discom. So the renewable energy plants lose revenue.”

Dhaul further stated that competition is good up to a point. Beyond a point, it can be counter-productive. Power tariffs can become unviably low.