{"id":343737,"date":"2020-03-27T10:59:27","date_gmt":"2020-03-27T05:29:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343737"},"modified":"2020-03-27T10:59:27","modified_gmt":"2020-03-27T05:29:27","slug":"pilot-project-to-cut-power-production-cost-will-run-till-may","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pilot-project-to-cut-power-production-cost-will-run-till-may\/","title":{"rendered":"Pilot project to cut power production cost will run till May"},"content":{"rendered":"<p>The government\u2019s pilot scheme to reduce power generation cost, which saved about Rs 2.75 crore per day in the April-December 2019 period, has been allowed to run till May 31, 2020. The pilot scheme, Security Constrained Economic Despatch (SCED), currently involves 52 coal-based power plants with a cumulative capacity of 58,060 MW, and their tariffs are decided on the \u2018cost-plus\u2019 basis (no competitive bidding) by the CERC. 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 it.<\/p>\n<p>The pilot scheme reduced fuel costs by Rs 845 crore in April\u2013December 2019. Though the weighted average variable cost comes to Rs 1.89\/unit, the lowest cost can be Rs 1.12\/unit and the highest can go up to Rs 8.15\/unit. The total power generating cost in this period was about Rs 54,000 crore. Cost savings made from this process are to be shared between discoms and generation companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government\u2019s pilot scheme to reduce power generation cost, which saved about Rs 2.75 crore per day in the April-December 2019 period, has been allowed to run till May 31, 2020. The pilot scheme, Security Constrained Economic Despatch (SCED), currently involves 52 coal-based power plants with a cumulative capacity of 58,060 MW, and their tariffs are decided on the \u2018cost-plus\u2019 basis (no competitive bidding) by the CERC. 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 it. The pilot [&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-343737","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\/343737","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=343737"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343737\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}