IAS Gyan

Daily News Analysis

NATIONAL OPEN ACCESS REGISTRY (NOAR)

3rd May, 2022 Economy

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Context

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

 

About NOAR

  • NOAR is a centralized online platform through which the short-term open access to the inter-state transmission system is being managed in India. It is an integrated platform accessible to all stakeholders in the power sector, including open access customers (both sellers and buyers), power traders, power exchanges, National/Regional/State LDCs and others. The platform provides automation in the workflow to achieve shorter turnaround time for the transactions. NOAR platform also has a payment gateway integrated for making payments related to interstate short-term open access transactions. NOAR platform provides transparency and seamless flow of information among stakeholders of open access.
  • NOAR is part of the Ministry of Power, Government of India’s initiative and the required regulatory framework has been notified by the CERC through operationalization of the 5th Amendment Regulation of Open Access in inter- State Transmission.

 

Key Features

  • Centralized System
  • Single point electronic platform for all the stakeholders
  • Automated Process
  • Automated administration process of the short-term open access
  • Common Interface
  • Interface with the RLDCs scheduling applications and Power Exchanges (s)
  • Payment Gateway
  • Make payments related to STOA transactions

 

Key Benefits

  • Simplified accounting of OA transactions
  • Better communication and updated information
  • Bringing in transparency, efficiency and economy
  • Standardization and mapping of the entities

 

Nodal Agency

  • National Load Despatch Centre (NLDC) operated by Power System Operation Corporation Limited (POSOCO) has been designated as the nodal agency for implementation and operation of NOAR.

 

Significance

  • NOAR would be the key to facilitate faster electricity markets and enable integration of Renewable Energy (RE) resources into the grid. NOAR will enable seamless market participation by the open access consumer with easier and faster access to the short-term electricity market, comprising of about 10% of all India demand.

 

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1822010