Orissa which is currently facing power shortages has been rescued by Vedanta by supplying 200 MW to the state grid at an average rate of Rs.3.60 per unit as against the open market average cost of Rs 4.34 per unit and over Rs 9 per unit at spot market due to current demand- supply mismatch.
Vedanta's power plant at Jharsuguda contributes about 14 per cent to the state grid of the state's demand. This has facilitated direct procurement of power by the state and reduced structured power cuts.
Vedanta has commissioned nine units of 135 MW each and it further plans to commission one of the four units of 600 MW Independent Power Plant each by end September.
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