National Open Access Registry(NOAR) goes live successfully

What is the News?

National Open Access Registry(NOAR) has successfully gone live from 1st May 2022.

What is the National Open Access Registry(NOAR)?

Launched by: Ministry of Power.

Purpose: It is a centralized online platform through which short-term open access to the interstate transmission system is being managed in India.

The platform is accessible to all stakeholders including open access participants, traders, power exchanges, and national/regional/state load despatch centres. 

The platform also has a payment gateway integrated for making payments related to interstate short-term open access transactions. 

Nodal Agency: ​​National Load Despatch Centre(NLDC) operated by Power System Operation Corporation Limited (POSOCO).

Benefits of the Platform: NOAR would be key to facilitate faster electricity markets and enable the integration of Renewable Energy (RE) resources into the grid. 

– It will also enable seamless market participation by the open-access consumer with easier and faster access to the short-term electricity market comprising about 10% of all India demand.

Source: The post is based on the article “National Open Access Registry(NOAR) goes live successfully” published in PIB on 2nd May 2022.

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