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POWER TRADING

Bilateral/ Third Party

MPL provides solution for sale and purchase of power from MPPs, CPPs, IPPs and State Utilities/ DISCOMS, Open Access Consumers in facilitating power banking and short, medium- and long-term transactions. MPL facilitates open access permissions through PGCIL/RLDC/SLDC and communicates with all concerned stakeholders and performs weekly/fortnightly/monthly commercial settlement based on SEA/REA statements from SLDCs/RPCs.

Captive/Group Captive

Under the group captive model, a project is developed for the collective usage of one or many corporate consumers. MPL sets up a Special Purpose Vehicle (SPV) for group captive wherein the C & I buyer(s) holds only 26 percent of equity in a project and needs to collectively consume at least 51% of the power with the PPA.

Consumers of group captive power need not pay cross-subsidy charges as they are exempted for a captive power plant under section 42 of the Electricity Act, 2003.

What We Do?

MPL provides solution for sale and purchase of power from MPPs, CPPs, IPPs and State Utilities/ Discoms, Open Access Consumers on short, medium- or long-term basis and banking/swap method and through power exchange.

MPL facilitates open access permissions through SLDC/RLDC and communicates with all concerned.
Helps in Commercial settlement which is done through established practices involving weekly provisional bills and monthly bills based on Regional Energy Account (REA) prepared by Regional Power Committees (RPC).
MPL ensures timely payment for every transaction including energy and transmission charges as per the contract terms. Our payment track record shows our commitment for transparency and timely settlement of accounts.