Bangalore Chamber of Industry & Commerce

Workshop on Power Sourcing and Open Access

Event Detail

Bangalore Chamber of Industry and Commerce (BCIC) in association with Indian Energy Exchange (IEX) is organizing a half-day Workshop on Power Sourcing and Open Access in Bangalore.

The details of the program are as follows:

Topic Power Sourcing: Open Access
Specific Focus on Power Procurement Through Exchange
Date Tuesday,  December 4, 2018
Time 10.00 am (Registration Begins at 9.30 am)
Venue Mysore Hall, Hotel ITC Gardenia, Residency Road, Bangalore

 

Agenda

    • Backgrounder

      Electricity is one of the key drivers for rapid economic growth and industrialization. In the competitive market, products will sustain only if companies control production costs which can be attained primarily by capping electricity procurement charges. Power cost is one of the key components for the manufacturing sector.

      The Power Exchanges are already in the 11th year of their operations and are today well accepted and trusted platforms for procurement of power. Almost all Government-owned utilities as well as Independent Power Projects (IPPs) and captives are actively bidding on the power exchanges and the prices discovered therein are accepted as reference prices for most other transactions in the market. The total generation in the country including renewable generation reached 705 BU in H1 FY 2018-19 an increase of 6.2 percent from 664 BU during the same period last year. IEX, India’s premier power trading platform is catering to over 6000 registered participants to better manage their power portfolio. Average daily trade in FY 19 is close to 6000 MW. The Day Ahead Market (DAM) and Term Ahead Market (TAM) combined traded the highest ever monthly volume of 7125 MU in Oct-18 registered 22% increase over 5829 MU traded in September’18 and 63% increase over 4358 MU in October’17.

      Objective 

      The primary objective of the workshop is to promote and create requisite awareness on the availability of power through Power Exchanges, various generating companies, coal, wind, solar etc. especially in view of the piquant power situation and erratic supply prevailing in the State.

      Mr. Shankarlinge Gowda, IAS, (Retd.) Chairman, Karnataka Electricity Regulatory Commission (KERC) has kindly consented to deliver the Keynote address as the above workshop.

      Other Key Speakers include:

      ·         Mr. Kishore Alva, President - BCIC & Joint President and Executive Director, Adani - Udupi Power Corporation Ltd.

      ·         Mr. Rajesh Kumar Mediratta, Director (Buisness Development), Indian Energy Exchange.

      Mr. Rohit Bajaj, Vice President (Business Development), Indian Energy Exchange
      Mr. Ramesh Saligram, Chairman, Energy, Environment & Water Expert Committee, BCIC
       

      Key Topics

      ·         Overview of Energy Exchange, its Functioning, Bidding Process

      ·         Day Ahead Market Perspective

      ·         New Bid Types at exchange

      ·         Future Products

      ·         Power Sourcing –Coal, Wind, Solar 

      ·         Industry Experience in Sourcing/procuring Energy thru Exchange

      ·         Issues and Challenges in optimizing energy costs

       

      Target Audience

      CEOs, COOs, Energy Experts, Head of Manufacturing units, Plant Managers, Head Maintenance, Consultants, Heads of Technical Colleges, Trainers, Power Engineering Students, and Training Institutes… 

       

      Participation

      BY INVITE ONLY

       

      Registration

      The Seminar will commence at 10.00 am (Registration: 9.30 am). Kindly send us your confirmation to the mail id: bcicevents@bcic.org.in

      Thanking you and looking forward to your support and participation in making the programme a fruitful and eventful one.




Speaker

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