IPT Morning Megawatt 15 July 2017

Download IPT Morning Megawatt 15 July 2017

Market Intelligence Summary

  • Demand at IEX once again increased on a Saturday, but this time the clearing price dropped marginally. Supply in the market increased substantially, from 226 MUs to 243 MUs, the highest level since 2 July 2017. A number of thermal IPPs increased their sales sharply, a possible reason for the huge jump in minimum clearing price.
  • WESTERN REGION: On 14 July, 2,390 MW capacity that had earlier been shut due to technical issues was revived across the western states. These units include an 830 MW unit of Tata Mundra which was a revived after almost 2 months. Maharashtra shut down a 500 MW unit on 15 July due to low demand.
  • SOUTHERN REGION: Andhra Pradesh and Tamil Nadu shut a unit each of 210 MW on 14 July citing low demand. 
  • IMD WEATHER FORECAST: 16 July — Extremely heavy rainfall is expected in parts of Gujarat while heavy rainfall is expected along the entire western coast.
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