Mumbai: With peak summer on and heat waves the norm, power distribution companies are rushing to meet rising demand either by signing short-term agreements or buying expensive power from the open market.
Tata Power, which had anticipated a shortfall of 50-150 megawatt (MW) between April and June, will now procure additional electricity through a short-term power purchase agreement. The company received a go-ahead from the Maharashtra Electricity Regulatory Commission (MERC), a quasi-judicial body, on April 20.
Tata Power, which has 750,000 consumers, has stated it will need at least 25 MW round the clock, with the requirement touching 100-150MW during peak hours (4-10 pm).
