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National Open Access Registry(NOAR)

  • Posted By
    10Pointer
  • Categories
    Polity & Governance
  • Published
    4th May, 2022

Context

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

What is NOAR?

  • The NOAR platform is Launched by the Ministry of Power.
  • 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.

Key-features

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

Significance

  • 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.

Verifying, please be patient.