Average spot power price fell 20 percent to Rs 2.85 per unit in November as compared to the year-ago month, the Indian Energy Exchange said on Thursday. The average spot price or market price of electricity in November 2018 was 3.58 a unit, IEX said in a statement. “The day-ahead market traded 3,389 million units […]
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 […]
Average spot power price to be less than Rs 3.5 per unit in May
The peak demand of power this month was 178 GW due to summer season New Delhi: Average spot power price is unlikely to breach the Rs 3.50 per unit level in May on account of sufficient coal stock for thermal plants and enhanced supplies from clean energy sources, according to experts. “Despite higher peak demand […]
Average spot power price falls 19% to Rs 3.22 per unit in April
New Delhi: Average spot power price at the Indian Energy Exchange (IEX) declined 19 per cent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on the supply side. “The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 […]
India Spot Power Price Down 22% In March 2019
The price of spot power in India registered a decrease this month compared to the same month last year as parts of the country experienced a late start to the summer season. The average price of power sold via Indian Energy Exchange (IEX) was at Rs 3.12 per unit, decline of 22% over Rs 4.08 […]