Excelsior Correspondent
JAMMU, Nov 20: In a bid to enhance the utilization of Jammu and Kashmir’s hydropower potential and provide affordable, reliable electricity, the Jammu and Kashmir Power Corporation Limited (JKPCL) held a crucial meeting with PTC India today.
The discussions centered on exploring technical interventions to optimize power procurement costs and improve efficiency in power supply.
During the meeting, PTC India shared its expertise in assisting utilities with optimizing power scheduling and procurement through various market channels, including short-term bilateral agreements, power exchanges, and medium- to long-term solutions.
The meeting was chaired by Chaudhary Md Yasin, Managing Director of JKPCL, and attended by Harish Saran, Executive Director of PTC India, Neeraj Sharma, Chief Engineer of JKPCL, along with other senior officials from both organizations.
Currently, JKPCL is sourcing 3150 MW of power from multiple sources to meet the growing demand in the Union Territory of Jammu and Kashmir. The peak load for the winter season (2023-24) is projected at 3133 MW, while the summer peak (2024-25) is expected to reach 2924 MW. The average load stands at 2450 MW.
Speaking on the occasion, Chaudhary Md Yasin reiterated JKPCL’s commitment to reducing procurement costs while ensuring a reliable power supply.
He also emphasized the corporation’s focus on developing sustainable infrastructure for the benefit of consumers in the region.
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