CONCLUSION:-

Eastern region is the only region in the Indian Power Systems that is connected to every other region through tie lines; also it was observed that Eastern region is overall a power surplus region due to coal availability in states of Jharkhand, Orissa and West Bengal and the pit head plants located near the coal mines. Bihar is the only state in the Eastern region that has negligible state generation and depends largely on its allocation from central sector generating stations. All the States in Eastern region have their fair share from NTPC stations, NHPC stations through long term open access and Chukka Tala and Kurichu HEPs of Bhutan via Power Trading Corporation. The Long term power procurement share was highest for Bihar where generation stands comparatively low. NTPCs Thermal power stations of Talcher, Farakka, Kahalgaon were the main central generating stations in the region whose power tariff was recorded as moderate to high where the Tariff of Farakka Stage 5 stood highest among all the thermal generating stations. The Central hydro power was mainly accounted to the NHPCs HEP present in Sikkim and PTC power available through Bhutan which is very affordable to the States in eastern region. Bihar, Orissa and West Bengal were also identified to procure power from ce generation units and IPPs. Orissa in particular draws a huge amount of power from cement and steel plants and has a fixed tariff structure for all the co-generation plants. Power traded through bilateral transactions holds a major share in the bilateral transactions in the Eastern region where DVC is the largest seller in bilateral format of market. Bihar remains the only state that only purchases power from bilateral transactions and do not sell any power through it. Thus it was concluded that a large amount of power procured in short term will remain to be through bilateral transactions in the near future. In Eastern region, all it was observed that except Bihar, all the other states procures and sell power through power exchange. In accordance to the new UI regulations in 2013 it is expected that Power exchange transaction volume will considerably increase as the penalties will be higher for procuring power through Unscheduled interchange. DVC and WBSEB emerge as the highest seller states through Power exchange. As more and more Merchant power plants come into picture in eastern region the volumes through power exchange will grow higher and the fair price is expected to be determined in Power exchanges.

Unscheduled interchange volumes are noted to have trashed since the UI regulations 2012 came into picture. The states that used to draw or sell huge amount of power since 16 September 2012, suddenly it was observed that their volumes becomes less than 50% of their previous volumes. UI regulations 2013 are expected to confine the normal Grid operative frequency to a narrow band out of which UI will be heavily penalized. Therefore, use of UI as a market is discarded by the regulatory authorities. The overall power position of eastern region was good and the region is already selling little amount of electricity to Nepal and Bhutan during the non-rainy seasons whereas international trade with Bangladesh is proposed to be started by the end of 2013. Also, the grid frequency remains within the acceptable limits during the specified range for most of the period and better grid reliability was maintained. Eastern region also wheels important power for transmission between other regions of the country.