- BrandSchneider Electric
There exists a large gap between supply and demand of Power in large parts of the country. Inherent diversity in demand of various States in the country also results in periods of seasonal surplus in one State or Region coinciding with periods of deficit in another.
To capitalize on this growing opportunity sector, AEL has set up a Power Trading Division in September, 2003 and obtained license from Central Electricity Regulatory Commission (CERC) in Nov.'2003. Since then this division has already traded more than 9.7 Billion Units of power till March, 2009 to the entire satisfaction of surplus / buying utilities of power. This division has targeted to increase its trading volume to 5000 Million Units per annum over the next five years.
AEL has been awarded the highest category "Category I" license for trading in power by the Central Electricity Regulatory Commission (CERC) in 2003, wherein the company can undertake trading of more than 1,000 Million Units of electricity during the year with transmission priority on national grid, covering the jurisdiction of the entire country for the next 25 years.