Overview
GMR Group is one of the fastest growing infrastructure organizations having presence in Airports, Energy, Highways, Railways, Urban Infrastructure (including SEZ) and GMR-Varalakshmi Foundation. The GMR Group has a significant presence in the power sector through its power companies, under the flagship of GMR Energy Ltd (GMR Group). GMR Group has a current installed capacity of 4436 MW which includes coal based and gas based thermal power plants across different geographies of India.
GMR Energy Trading Limited (GMRETL) is a category-1 trading licensee which was incorporated on 29th January’2008 with the objectives of trading in electricity across all segments of Indian power market. GMR Group has stake in the prestigious Power Exchange India Ltd. (PXIL) which is promoted by National Stock Exchange (NSE) and National Commodity & Derivatives Exchange Limited (NCDEX). GMRETL is an active member of both power exchanges - IEX and PXIL. GMRETL is a ‘preferred Trader’ and an efficient ‘Market Player’. In FY-16, GMRETL has traded more than 5000 MUs power and 144,725 RECs. GMRETL has more than 140 clients on power exchanges for sale / purchase of Power.
GMRETL has trained and well-experienced manpower to conduct its power trading operations through its offices in Delhi, Mumbai and Hyderabad. The company’s highly skilled staff is handling all types of trades through bilateral trades & through Power Exchanges and REC’s. The company has established excellent relationships with its stakeholders and has traded with all major Electricity Utilities in India. GMRETL has expertise in all type of Power trading Transactions which includes:
- Bidding in Long term/Short term/Medium Term tenders on behalf of Generators and Utilities.
- Sale /purchase through Power Exchanges (PXs) for consumers, Generators, Utilities Power supply on Bilateral basis to Open access clients in all States
- Banking/ Swap contracts between Utilities
- Long Term and Medium Term tie up with Renewable energy generators
- Trading of Green Power/REC portfolio management
Key Strengths
- Skilled team of professionals with more than 120 man years’ experience in power sector.
- 24X7 control room for trading and scheduling of power
- Streamlined process to effectively manage risks associated with wide range of transactions.
- Core business development to capture opportunities, backed by proficient Operations and Finance team for smooth implementation of contracts.
- Proactive capturing and reporting of power market intelligence (PMI)
- Strong business relationship with major State utilities and major Generators
- Have presence across all 5 electricity regions in India and conversant with the demand-supply pattern across seasons and regions
- Sound data management system (DMS) and management information system (MIS)
- Clean records as regards regulatory and statutory compliance
- Timely settlement of transactions and prompt payment/ recovery of dues.
