In Short : India’s power demand hit a record 2.42 lakh MW in June, with the grid supplying 1.5 lakh million units (MU), according to the National Load Dispatch Centre. The average daily peak stood at 2.22 lakh MW. The surge was driven by intense summer heat and increased industrial activity, highlighting the growing strain […]
Power industry gives thumbs up to proposed Electricity Act Amendments
According to Khurana, in order to avoid any jurisdictional issues between CERC and the new Electricity Contract Enforcement Authority, bifurcation of their functions should be spelt out clearly New Delhi: The Power ministry’s proposed amendments to the Electricity Act of 2003 have received a thumbs up from the industry with players welcoming the proposed push […]
June spot power price dips 11% to Rs 3.32/unit
New Delhi: Average spot power price fell 11 per cent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said Monday. With trading of 4,207 million units (MU) of electricity, the volume in the day-ahead-market (DAM) grew 12 per cent month-on-month. As compared to June 2018, the […]