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The Hindu
The Hindu
National
The Hindu Bureau

UNCOVERED: Only two offers for power supply under swap arrangement - The Untold Story

Only two companies have reportedly expressed willingness to supply power to the Kerala State Electricity Board (KSEB) under a ‘swap’ arrangement proposed by the utility to avert a power shortage in the months ahead.

The Arunachal Pradesh Power Corporation Pvt. Limited (APPCPL) has agreed to supply 150 MW in November this year and 50 MW during March 1-15, 2024. Both the APPCPL and Manikaran Power Ltd. have agreed to supply power during December 2023-March 2024 in various time slots.

The KSEB had hoped to source 500 MW under the ‘swap’ arrangement where the power received is returned at a later date. The tenders were opened on Thursday. In the present case, the KSEB must return the power during June-September 2024. The KSEB management will scrutinise the offers and take a final decision.

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