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What does the Electricity (Amendment) Bill, 2022 mean for ordinary consumers and farmers – Part 2 | In Focus podcast

In Focus by The Hindu

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Is It a Good Idea?

All generators bid a day ahead at what price they are sill willing to sell, and the discomps buy from them. Whoever bids a highest price, a price gets fixed at that, and everybody gets that price. You know, sir, that is working for them. We may not be able to trans translation to that so easily. At least part of your powr procurement should be on shorter term papases agreements, maybe ten years, at a realistic rate of return. For every unit you supply, you are making a loss of 30 pisa. Any private disform you take, they are making profits,. whereas the state discoms are making losses.

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