{"id":418682,"date":"2021-06-04T11:33:44","date_gmt":"2021-06-04T06:03:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418682"},"modified":"2021-06-04T11:33:44","modified_gmt":"2021-06-04T06:03:44","slug":"new-system-to-cut-discoms-purchase-cost-by-rs-12000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/new-system-to-cut-discoms-purchase-cost-by-rs-12000-crore\/","title":{"rendered":"New system to cut discoms\u2019 purchase cost by Rs 12,000 crore"},"content":{"rendered":"<p>To optimise the cost of power for state-run electricity distribution companies (discoms), the Union power ministry has proposed a new electricity market design which will accumulate demand requirements from all states in a central pool, and allocate power to them from the cheapest source available.<\/p>\n<p>Currently, discoms have to optimise their power costs based on their available resources among the limited portfolio of plants with which they have power purchase agreements. Under the proposed market-based economic dispatch (MBED), the estimated annual savings is seen to be more than Rs 12,000 crore for the electricity consumers, the government said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To optimise the cost of power for state-run electricity distribution companies (discoms), the Union power ministry has proposed a new electricity market design which will accumulate demand requirements from all states in a central pool, and allocate power to them from the cheapest source available. Currently, discoms have to optimise their power costs based on their available resources among the limited portfolio of plants with which they have power purchase agreements. Under the proposed market-based economic dispatch (MBED), the estimated annual savings is seen to be more than Rs 12,000 crore for the electricity consumers, the government said.<\/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-418682","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\/418682","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=418682"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418682\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}