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Why is UP utility paying more for private power? [1]

A cash-strapped Uttar Pradesh Power Corporation (UPPCL) has signed a one-year deal with a private power generator in Gujarat, routed through a private power trader in the western state, to buy some 600 MW at around Rs 4.70 a unit. The price is well above the average of less Rs 3 a unit on the power exchanges over the last two months.

Publication Date: 
01/09/2011
Resource Digest [2]
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10
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Tags:
Power Industry [3], Uttar Pradesh [4], Private Sector [5], State Electricity Board (SEB) [6], Gujarat [7]

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Source URL: http://admin.indiaenvironmentportal.org.in/feature-article/why-utility-paying-more-private-power

Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/why-utility-paying-more-private-power
[2] http://admin.indiaenvironmentportal.org.in/category/journal/resource-digest
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/uttar-pradesh
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/private-sector
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/state-electricity-board-seb
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gujarat