Balancing the power flow
Reliance Energy Trading Limited
Energy Trading is one of the most crucial activities in ensuring the reliable electricity supply. It acts as a balancing mechanism between the surplus power generating units and deficit power needing entities. The responsibility of playing the role of a bridge between these two bounds has been taken up by Reliance Energy Trading Limited, an associate company of RInfra. The company has been operating in power trading in India since June, 2005. It is trading the surplus power available from State Power Utilities, State Generating Companies and Captive Power Plants.
Legal foundation
Ignited by the flames of liberalization, privatization and globalization, power trading has become a multi-billion dollar business throughout the world. Power Trading in India will lead to optimization of cost of power, creating enhanced value for customers. Keeping the very fact into consideration, Government of India enacted the Electricity Act, 2003. The act provides freedom to trade in power, both in physical terms as well as through derivatives.
Incorporation
Taking the opportunity created by the Electricity Act, RInfra formed a new Company in the name of “Reliance Energy Trading Private Limited”, for the purpose of trading of electricity. It had been incorporated with effect from July 17, 2003. The Company was reconstituted from Private Limited Company to Public Limited Company with effect from July6, 2004.
Trading Licence
As per the Central Electricity Regulatory Commission's regulations, Reliance Energy Trading Limited holds a trading Licence issued by the Hon'ble Commission, valid for 25 Years i.e. June 29, 2029.
To start the operations, the company had obtained an "A" category license which has since been upgraded to "F" Category by the Central Electricity Regulatory Commission.
Monthly Reports (Form-IV A/B/C)
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Contact
To know more details about our trading business, you can refer to the followings:
Tel: +91 11 3032 3444
3032 4444
30325444
Fax:+91 11 3032 2444
2411 2383