KSEB eyes medium-term power procurement to handle peak demand
The Kerala State Electricity Board is seeking regulatory approval to restructure its power procurement methodology to secure 300 MW of electricity for peak-hour demand between 2027 and 2031. The board aims to improve price discovery and transparency by allowing a fair comparison between conventional, renewable, and storage-based energy projects.
Battling an unexpected power crisis during monsoon season, the Kerala State Electricity Board (KSEB) is now eyeing a medium-term power purchase deal to secure 300 MW to meet the peak-hour demand for the period from January 2027 to December 2031. The power utility has approached the State Electricity Regulatory Commission seeking nod for restructuring the bid evaluation methodology and the bidding documents for procuring 300 MW for meeting the power demand between 6 p.m. and midnight.
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