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Spot power price spikes to 5-year high of Rs 14 per unit

NEW DELHI: Spot power prices spiked to five-year-high of Rs 14 per unit in the day-ahead market (DAM) for short periods on the Indian Energy Exchange as state utilities and other consumers rushed to make up the shortfall in generation from hydel, wind and coal-fired stations. IEX data showed buy bids for 265 MUs (million […]

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