AP Transco steps up purchases from exchanges, saves ₹56 crore
Amid the 21-day nationwide lockdown, AP Transco has swapped high cost power with cheaper power through spot power purchase from energy exchanges which has
resulted in a net savings of ₹56 crore in March.
The Transco strategically decided to buy power in the spot market where the prices hovered at around ₹2 per kWh.
According to officials, 14-20 million units (MU) per day were purchased from the power exchanges in March. In all, 357.22 MUs were purchased at prices ranging between ₹2.04 and ₹2.64 per unit.
