Kerala Power Purchase From Private Platform Draws Objection
Kerala's state electricity board, KSEB, had objected to buying 500 MW of power from GNA Energy's OTC platform at ₹8.63 per unit. The board estimated an extra liability of ₹727 crore. CPI(M) leader Elamaram Kareem says the state government pushed ahead anyway.
Context
Context: OTC (over-the-counter) platforms are electricity trading markets where utilities buy power directly from sellers, often to meet short-term demand. KSEB is Kerala's state electricity board, which buys power and supplies it to households and businesses.
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