20 Apr 2022| 08:12am ISTGoa to purchase 120 MW of power from open market: CMWill meet electricity requirements of industry; Industry agrees to bear additional cost of purchase of powerTeam HeraldPANJIM/PERNEM: Chief Minister Pramod Sawant on Tuesday said that the Goa government will purchase 120 MW of power from the open market to meet the demand of the shortage-hit industry in the State. Speaking to the media on the sidelines of an event at Pernem, Sawant said that the maximum power requirement of the industry will be fulfilled as the government has decided to purchase 120 MW of power from open market and supply it to the industry. On Monday, Power Minister Sudin Dhavalikar had said that he had already forwarded the proposal to purchase an additional 125 MW of power from the open market for commercial consumers during the summer season. Industry leaders said they have accepted to bear the additional cost of purchase of power as their operations have been severely affected due to the shortage. As a temporary relief, the Goa government will procure additional power and the industry will support the government by paying Rs 1.65 per unit for the excess power procured.

Source: The Herald April 19, 2022 22:25 UTC