The Liberty Corridor will contain a new heavy duty railroad connecting the Nimba district of Guinea to a new Liberian deep water port-The Liberty Corridor will be a leading African example of multi-user, independently operated, open access infrastructure that will support the economic opening of the West African region to World markets-An estimated investment of US$3 to $5 billion will enable sustainable mineral development and downstream value addition to regional economies-Guma Africa Group Lt
Karnataka has resorted to procuring power through banking or power swapping arrangements with Uttar Pradesh and Punjab states from November 2023 to May 2024. Current plans involve the continuation of power transactions through the banking system, with a daily acquisition of 8.9 MU of power.
Moreover, he stated that the company is actively exploring avenues to monetize its wholly-owned subsidiary, PTC Energy Ltd, and has received expressions of interest from various leading corporates.
The company is yet to generate liquidity in the day-ahead segments. In the term-ahead market, HPX had a 35% market share in April. India has three power exchanges - India Energy Exchange, Hindustan Power Exchange and Power Exchange India. IEX commands almost the entire market share in the spot power market.
According to data from the Indian Energy Exchange (IEX), the average price in the day-ahead market in April was above ₹5 kWh/unit in April while so far in May, it has been around ₹3 per kWh.