The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved Tangedco’s plan for procurement of power through short-term agreements at a cost ₹2,754.93 crore from March-May 2024, to meet the summer demand. However, the state power regulator told Tangedco to mull ways to reduce purchase of power at high cost.
Tamil Nadu has the highest power demand among the southern States. It logged an all-time high demand of 20,830 MW on May 2. In a slew of petitions, Tangedco had sought approval to procure 3,285.885 million units from March-May 2024.
In its petitions, Tangedco said it is meeting the demand from 15,197 MW of installed capacity of conventional sources and the net availability will be 12,917 MW and sought nod to procure round the clock power and peak hour power to meet the shortfall.