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Prevailing Power Crunch Forces Odisha To Buy Electricity From Spot Market At High Price

Even as normalcy has been restored in coal mining operations at Mahanadi Coalfields Limited (MCL) units including one at Bharatpur after 14 days of agitation where a landslide mishap claimed 4 lives and injured 9 others, Odisha continues to face acute crunch in power generation. The development has forced the State government to buy electricity from spot market at high price to meet its demand during the peak hour.According to reports, the State government is buying around 1,000 MW from spot market which costs around approximately Rs 12 to16 crore each day.It may be noted that Talcher Thermal Power Station (TTPS) and Super Thermal Power Station (STPS) units of National Thermal Power Corporation Limited (NTPC) had to face nearly two weeks of.....

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