Telangana accuses Centre of limiting engagement in power exchanges
Telangana power utilities on Friday accused the Centre of restricting them to participate in power purchases through exchanges citing overdues.
Power System Operation Corporation Ltd (POSOCO) on Thursday asked three power exchanges -- IEX, PXIL and HPX -- to restrict electricity trading by 27 discoms in 13 States, including Telangana,
having outstanding dues towards gencos.
Transmission Corporation of Telangana and Genco CMD D Prabhakar Rao, in a press release, said Chief Minister K Chandrashekar Rao and Power Minister Jagadish Reddy held a review meeting and
directed the discoms to supply electricity to the people and consumers without any difficulties.
The officials said the State could not draw 20 million units today as the Centre restricted the State power utilities from participating without any notice.
Power generators and discoms have power purchase agreement which allows the latter to buy power. It is painful that the move (POSOCO restriction) even though we paid Rs 1,36