Power Trading
The Indian economy has remained at the take off
stage for long. However, we have renewed faith in
our economic strength now and all the growth parameters
point out conclusively that our economy has taken
a giant leap forward towards its 'drive to maturity'.
We are trying hard to ensure that our economy's
march at an accelerated pace is not hindered by
infrastructural constraints especially from the
power sector.
India today is the largest producer of electricity
in Asia. While there are pockets of surplus power
due to projected load growth not taking place commensurate
with addition in generation capacity, there still
exists a gap between supply and demand of power
in large parts of the country. Inherent diversity
in demand of various States in the country also
results in periods of seasonal surplus in one State
or region coinciding with periods of deficit in
another. The challenge at hand requires creation
of large generation capacities in the country and
also paves way for enormous opportunities for inter-regional
power transfer.
With the
growth in demand for power outstripping the growth
in availability of power, the Government of India
has also put power sector high on its priority list.
With transmission capacity being put in place for
large size inter-State projects, the inter-regional
transfer capacity is likely to get further enhanced.
Substantial growth opportunities, therefore, exist
to improve the economic efficiency and security of
supply through trading of power.
Keeping
this larger canvass in mind, Maheshwary Ispat applied
for a license to trade in power. We are one of the
few organizations in India that hold this license
and wish to go ahead with it at the earliest. We intend
to achieve this seemingly daunting task through our
properly planned strategies and policies.
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