At a time when Adani and Essar have discontinued supply of power to the tune of 3,000 Mw in Gujarat, the state has found respite through wind power generation.
According to state government and industry sources, wind power generation has touched an almost all-time high of 2,800 Mw. The high renewable energy availability comes as a respite amid Adani and Essar discontinuing supply to Gujarat Urja Vikas Nigam (GUVN), the state power distribution entity.
Of the state's three independent power producers (IPPs) which are struggling, only the Tata's CGPL has been able to resume supply to GUVNL, thereby honouring its power purchase agreement (PPA). Adani and Essar, with a combined 3,000 Mw in PPAs, have been supplying almost zilch.
The state government has made good the balance amount it needs — peak demand has crossed 16,000 Mw — through the open market. That is, through the Indian Energy Exchange (IEX), at prices higher than the existing PPAs.