RPG Power Trading Company Limited
BILATERAL TRADING

Electricity Act 2003 has distinguished "Power Trading" as a separate licensed activity with the objective of developing Power market in India to maximize resource utilization by promoting healthy competition among Power players. For this reason, Power Trading is referred to as "purchase of electricity for resale thereof". CERC/ SERCs have prescribed stringent “non-discriminatory open access” regulations. CTU/ STUs have also defined detailed open access procedures to promote Power trading operations in the country. The demand supply gap among various utilities during day and month provides opportunities for Power trading. With tightening of grid discipline by CERC regulation, the utilities are persuaded to plan their demand supply gap in advance. This provides Power trading a huge potential for growth.

RPTCL provides solution for sale and purchase of Power from CPPs, IPPs and State Utilities/ Discoms on Intra Day, Day Ahead, Week Ahead and Month Ahead basis. RPTCL facilitates open access through SLDC/ RLDC and communicates with all concerned authorities. Commercial settlement is done through established practices involving weekly provisional bills and monthly bills based on Regional Energy Account (REA) prepared by Regional Power Committees (RPC) and state level authorities.

RPTCL ensures timely payment for every transaction including energy and transmission charges as per the contract terms. The Company’s payment track record shows its sense of commitment for transparency and timely settlement of accounts.