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Abellon CleanEnergy - Power Trading
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Power Trading / Open Access
Power Trading / Open Access allows consumers to purchase electricity directly from power generators or energy exchanges. This increases the competition in the market and it ultimately benefits the consumers. Open Access bridges the gap between Deficit energy and Surplus energy. This not only reduces staggering but also improves the electricity distribution scenario.

Open access allows consumers to avail electricity through the already existing infrastructure of State utilities (open access charges need to be paid). Many states including Punjab, Haryana, Gujarat, Chatisgarh have already implemented this policy wherein bulk consumers (purchasing more than 1 MW electricity) have been given permission to purchase electricity through open access.

Types of Open Access

a) Depending upon Duration of Transactions :

I. SHORT TERM : contracts exceeding 1 month but less than 6 months.
II. MEDIUM TERM : contracts exceeding 3 months but less than 3 years.
III. LONG TERM : contracts exceeding 12 years but less than 25 years.

b) Depending upon the energy trading platform :

I. Collective (Through Exchanges) : Electricity can be purchased directly from the two energy exchanges in India through trading members of the Exchange. The two energy exchanges are IEX(Indian Energy Exchange) & the PXIL (Power Exchange of India Ltd.). This also permits collective buying & selling through the process of bidding.
II. Bilateral Contracts / OTC : In these transactions, Electricity can be directly purchased from specified power generators (CPPs, IPPs, MPPs) by a specified Buyer. The specific point of injection and point of drawal can be fixed mutually. Varying quantum of power (MW) can be taken for any time period during a month. To facilitate this, CERC has issued licenses to Power Traders to ensure smooth operations of these contracts.

Statutory Requirements for Trading Power :
1) Demand should be atleast 1000KVAH.
2) Connected to atleast 11KV line.
3) Should have .2S class CT/PT.
4) Should have .2S class ABT meter.
5) Consent from Discom/SLDC to trade power.
 
Trend :
Rates In IEX in last few months as compared to Gujarat State Electricity Prices:
 
 
 
Abellon CleanEnergy
 
Abellon is a CERC authorized Power Trader and has been providing services to facilitate open access to large (HT) consumers across Gujarat. Abellon facilitates all types of Power trading including Bilateral & through Exchanges (PXIL & IEX). Abellon maintains a pool of buyers and sellers through which Bilateral transactions (Short term, Medium term & Long Term) are conducted from time to time. Abellon also trades green power to cater to the needs of environment conscious consumers.
 
Contact Infromation:
 
Mr. Sanjay Shah
Head – Technical

Mr. Vikram Chouhan
Technical Support
Send Mail Mail
 
 
January
2011
February
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April
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September
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GEB (Rs/Unit)*
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
6.5      
IEX (Rs/Unit)#
3.44      
3.88      
3.34      
3.49      
2.96      
2.8      
2.97      
2.89      
3      
5.4      
4.08      
3.78      
 
*Tentative rates (All inclusive of taxes)
# Market Clearing Price
 
Power Source:
Different types of power sources are available in the market. Green Power has been gaining relevance in the power scenario in India with rise in Green Energy Portfolio. The major reason for this is implementation of Renewable Energy Certificates (REC's). and Renewable Power Purchase Obligation (RPPO). Consumers can directly purchase power from Renewable sources and, hence, contribute to environment protection through Carbon Emission Reduction and become responsible Citizens. Large MNCs have been using green energy in their power portfolio to meet their sustainability criteria.

Customer Base :
Power is being traded accross Gujarat by a number of industries, which include the Pharma Industry, Textile Industry, Steel Industry, Paper Industry, Metal Industry, and others.
 
Statutory Information
2013
Form IV
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Form V
March
 
 
2012
Form IV
January
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Form V
March
 
2011
Form IV
January
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Form V
March
 
2010
Form IV
October
November
December
 
 
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