{"id":276530,"date":"2019-05-29T06:23:30","date_gmt":"2019-05-29T06:23:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276530"},"modified":"2019-05-29T06:23:30","modified_gmt":"2019-05-29T06:23:30","slug":"pilot-project-signals-rs-3-crore-per-day-cut-in-power-production-cost","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pilot-project-signals-rs-3-crore-per-day-cut-in-power-production-cost\/","title":{"rendered":"Pilot project signals Rs 3 crore per day cut in power production cost"},"content":{"rendered":"<p>The government\u2019s pilot scheme to reduce power generation cost has cumulatively saved `63 crore in the first three weeks of its implementation. The pilot scheme, titled security constrained economic despatch (SCED), currently involves 28 power plants whose tariffs are decided on \u2018cost-plus\u2019 basis (no competitive bidding) by the Central Electricity Regulatory Commission (CERC) under Section 62 of the Electricity Act. While most participating plants in the pilot belong to state-run NTPC, few private power units such as Reliance Power\u2019s Sasan unit and Tata Power\u2019s Mundra station are also part of the scheme.<\/p>\n<p>The cost savings made from this process are to be shared between the distribution companies (discoms) and generation companies, but the proportions have not been decided yet. The average potential savings per day from the pilot system was estimated to be Rs 2.4 crore\/day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government\u2019s pilot scheme to reduce power generation cost has cumulatively saved `63 crore in the first three weeks of its implementation. The pilot scheme, titled security constrained economic despatch (SCED), currently involves 28 power plants whose tariffs are decided on \u2018cost-plus\u2019 basis (no competitive bidding) by the Central Electricity Regulatory Commission (CERC) under Section 62 of the Electricity Act. While most participating plants in the pilot belong to state-run NTPC, few private power units such as Reliance Power\u2019s Sasan unit and Tata Power\u2019s Mundra station are also part of the scheme. The cost savings made from this process are [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-276530","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276530"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276530\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}