Goa, MP enters barter deal

Written by:
Subscribe to Oneindia News

Panaji, Feb 22 (UNI) Goa has entered into a barter deal with Madhya Pradesh for exchanging 50 MW of electricity to tide over power shortages in these states.

Disclosing this to mediapersons here today, Power Minister Alexieo Sequeira said MP Electricity Board has agreed to supply 50 MW to Goa for four hours, from 1830 hrs to 2200 hrs in return to our six hour's supply to MP from 0000 hrs to 0600 hrs.

Goa observes 50 MW surplus during 2300 hrs to 0600 hrs and hence the exchange will meet needs of the respective states, he informed.

Before the deal, Goa, which had no power house of its own, have been getting the energy from Chattisgarh, Reliance Energy Ltd and GEPL-Amona and Goa Sponge Private Ltd, all to the tune of 40 MW as against its shortage of 50 MW. This was apart from its allocation from the Centre.

By discontinuing supply from Lanco Trading Power Corporation, New Delhi at Rs 7.14 per unit, Goa had started getting 30 MW from Chattisgarh's Sipat-I (20MW at Rs 1.86 per unit) and Sipat-II (10MW at Rs 1.90 per unit) followed by 21 MW from Ratnagiri Gas Private Limited at Rs 4 per unit, he added.


Please Wait while comments are loading...