{"id":511402,"date":"2022-08-03T11:38:32","date_gmt":"2022-08-03T06:08:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511402"},"modified":"2022-08-03T11:38:32","modified_gmt":"2022-08-03T06:08:32","slug":"centre-weighs-new-segment-on-power-bourses-for-costly-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-weighs-new-segment-on-power-bourses-for-costly-projects\/","title":{"rendered":"Centre weighs new segment on power bourses for costly projects"},"content":{"rendered":"<p>The government is considering a new market segment on power exchanges that would allow the sale of electricity at prices higher than the general ceiling to allow high-cost projects such as gas or imported coal-based plants to sell power.<\/p>\n<p>Many of these high-cost power plants are currently not operational as they do not have buyers.<\/p>\n<p>Spot electricity prices on power exchanges are capped at \u20b912 per unit. The proposal seeks to ensure increased electricity availability while also reviving these non-operational projects. Nearly 24 GW of gas-based capacity and 17 GW of imported coal-based capacity is either idle or under-utilised due to a lack of buyers since per unit prices are high because of steep fuel costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is considering a new market segment on power exchanges that would allow the sale of electricity at prices higher than the general ceiling to allow high-cost projects such as gas or imported coal-based plants to sell power. Many of these high-cost power plants are currently not operational as they do not have buyers. Spot electricity prices on power exchanges are capped at \u20b912 per unit. The proposal seeks to ensure increased electricity availability while also reviving these non-operational projects. Nearly 24 GW of gas-based capacity and 17 GW of imported coal-based capacity is either idle or under-utilised due [&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":[130,239,136],"tags":[],"class_list":["post-511402","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511402","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=511402"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511402\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}