GEL’s consulting arm has been set up with the primary objective of providing consultancy and advisory services, as well as turnkey solutions for generators, consumers, licensees, power trading companies, State Utilities and all other entities associated with the power sector in India. Our continuous interactions with various experts and policymakers in the sector, coupled with a strong resource base, enable us to offer real workable solutions to complex problems, benefiting the client enormously.

The key to buy or sell surplus power at the individual industry level would depend on the company’s ability to (1) structure the arrangements in a manner and form accepted in the market, (2) choose the best option for sale (Inter/Intra-state etc.) and identify an appropriate customer for the power to be sold.

We, at GEL, understand the current legal, regulatory and market dynamics involved in the structuring and the execution of this kind of a transaction. Whether it is a power generator having surplus capacity to sell; or a bulk consumer looking for options to reduce energy costs or simply looking for innovative solutions for meeting power needs; or a corporate requiring knowledge management, training and market information packages for key personnel, GEL can provide customised services that suit specific client requirements.

Key Services:

1. Training & Power Trade Management:

Training and advisory in power trading, covering:

• Licensing, Regulatory and Statutory compliances – Process and Procedures
• Prospecting – Product and Market Identification & analysis
• Commercial aspects of power trading – contractual negotiations, pricing, profitability and risk analysis
• Transaction management – Open Access, Scheduling & despatch
• Energy Accounting & Financial Settlements

Undertaking activities related to market development, facilitation and conduct of power trading, management of the trading desk.

2. Sale of Surplus power:

• Advisory and assistance in regulatory procedures to be undertaken in accordance with the Electricity Act 2003, for grant of open access in wheeling electricity to external entities through the inter-regional, regional and state transmission systems.
• Preparation, filing and pursuance of the necessary petition(s) with the concerned Electricity Regulatory Commission(s) for the grant of intra-state open access.
• Consultancy and Facilitation in identifying reliable and commercially viable options for the sale of power to third parties outside and inside the state where the customer is located and negotiations / contracting thereof
• Consultancy and advisory in profitability analysis & risk mitigation strategies, terms and conditions of supply and evacuation, financial settlements, formulation of power sales contract, payment security mechanism etc.

3. Purchase of power from third parties to economise energy costs:

• Advisory and assistance in regulatory procedures to be undertaken by bulk consumers in accordance with Sec 39 (2)(d), Sec 42(2) & Sec 86(1) of the Electricity Act 2003, for grant of open access in wheeling electricity from external sources through the state transmission systems.
• Consultancy and assistance in identifying economic and reliable options for the purchase of power from sources outside and inside the state where the consumer is located and negotiations / contracting thereof.
• Consultancy and advisory in profitability analysis & risk mitigation strategies, terms and conditions of supply and off-take, financial settlements, formulation of power purchase contract, payment security mechanism etc.