A significant improvement in India’s power generation, transmission and distribution infrastructure over the foreseeable future will set the stage for the next quantum leap in India’s power sector — power trading. In conjunction with an open access environment, the concept of power trading will result in significant opportunities for generation companies to market their ‘product’ to the most remunerating buyer; in turn, the concept will enable consuming companies to enter into secure relationships. In a country of challenging supply-demand dynamics, power trading will help utilize upcoming transmission and distribution infrastructure in an efficient way.

VISA Power will gain a competitive edge over its rivals when power trading becomes a reality. The company is setting up facilities equipped with a capacity to generate quality power.

VISA Power has worked out a strategy to sell 70 per cent of its produce through long-term contracts. The rest of the power will be marketed through a combination of short-term contracts. The short-term deals will include power trading on the Power Exchange through bilateral agreements with various procurers on an advance reservation basis.