The privately-held power distribution companies in Delhi are relying on power banking and advanced load forecasting to ensure adequate power availability in the region during December-February period when the load is likely to peak to 4,600 MW.
The three distribution companies operating in Delhi supply surplus power to other states during winter months–December to February– and receive the same capacity during summer months –May to September. This is known as power banking.
"Banking of power means exchange of electricity for electricity. TPDDL has entered into the power banking arrangements with different states including Jammu& Kashmir, Madhya Pradesh, Meghalaya and Orissa among others ,"said Mr. Praveer Sinha, CEO, Tata Power Delhi Distribution Limited.
While Reliance Infra-run BRPL has made arrangements to reduce night surplus power by supplying 300 MW power to Kerela during night hours, its sister concern BRYL, will receive an additional 165 MW from Uttar Pradesh and Punjab (between 8 am and 1 pm) through banking from December 2015 to February 2016. This will be returned between July-September 2016.
Additionally, BRPL and BYPL have also deployed advanced load forecasting solution to enable better demand prediction which could help in more prudent and cost effective power purchase agreements.
Source- Financial Express