National Energy Trading And Services Ltd. (NETS) (Formerly known as Lanco Power Trading Limited) is a leading private sector power trader of the country. It started its trading operations with a modest trading volume of 11.223 Million Units in the financial year 2005-06 and has grown from strength to strength since then. Since inception NETS has recorded a cumulative trading volume in excess of 27000 Million Units (MU) and a cumulative turnover of more than Rs. 11,000 Crores. For the current FY (FY’13) it has recorded trading volume in excess of 5000 Million Units (MU) and trading turnover of approximately Rs. 2,500 Crores. NETS is the first private sector trader to start power banking transactions. NETS hold equity in Indian Energy Exchange and is a Trading cum Clearing member on both Indian Energy Exchange and Power Exchange of India Limited.
NETS is licensed as a Category I Power Trader with trading experience spanning all five power regions and covering all major utilities in Government and Private sector. Its customer base comprises of all State Electricity Boards, Government and Private Distribution Licensees, Captive Power Producers, Independent Power Producers and Industrial consumers.
NETS has the requisite technically and commercially strong power trading team having in depth real time experience in executing power trading contracts. Further NETS has fully equipped and operational control room to execute power trading contracts to the fullest satisfaction of their esteemed customers.
NETS operates in the following arena:
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1. Short Term Power Sale & Purchase - Bilateral |
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2. Short Term Power Sale & Purchase - Power Exchanges |
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3. Medium and Long Term Power Sale & Purchase |