The Kerala State Electricity Board (KSEB) has finalised alternate arrangements for procuring power to avert a supply crisis in the State.
The State-run power utility will urgently secure 500 MW through a ‘swap’ arrangement and 200 MW through short-term purchases to overcome the present supply crisis. The decision was conveyed to the State government at a review of the power situation held by Electricity Minister K. Krishnankutty here on Monday.
Bids were invited for the 200-MW short-term contract on Monday. Bids for the swap arrangement—whereby KSEB accepts power from outside and replaces it at a later date— will be invited on Tuesday, it is learnt. The suppliers for both contracts will be finalised in two weeks’ time.
