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CEA brings out Draft Resource Adequacy framework for reliable power supply

Published: Sep 23, 2022

By TIOLCorplaws News Service

NEW DELHI, SEP 23, 2022: KRISHAN Pal Gujar, Minister of State for Power & Heavy Industries inaugurated a workshop on "Resource Adequacy- Need and way forward" organized by Central Electricity Authority, Ministry of Power in New Delhi yesterday. Alok Kumar, Secretary, Ministry of Power and Ghanshyam Prasad, Chairperson, Central Electricity Authority also attended the event.

The objective of the workshop was to introduce the concept of Resource Adequacy in the power sector to various stakeholders. The workshop was attended by representatives from Ministry of Power, State Electricity Regulatory Commissions, State Governments, Distribution utilities, CPSUs under Ministry of Power and various Government officials.

Krishan Pal Gujar stressed on the importance of 24X7 reliable and secured supply of power to consumers at affordable rate. He congratulated CEA for brining out Draft guidelines for carrying out Resource Adequacy plan for various Distribution utilities.

Issues including Need of Resource Adequacy plans and proposed g uidelines for carrying out the Resource Adequacy plans were deliberated. The plan would be beneficial to the State Distribution utilities for optimal utilization of generation capacity, harnessing the diversity associated with demand of electricity and sharing of generating assets among various States.  The p lan will also help states in optimal capacity planning and procurement of power thereby reducing the cost of supply to consumers.

The Pilot studies are being carried out for five states namely Madhya Pradesh, Assam, Odissa, Tamilnadu and Punjab. Further, Central Electricity Authority also plans to organize Regional Workshops for the benefit of States Electricity Regulatory Commissions and Distribution utilities.

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