Section

Exchange prices fall as power demand subdues with monsoon onset

By Economic Times - 2 months ago
Power prices in the day ahead market in New Delhi have dropped due to rain, reducing electricity demand. The average price on the IEX between June 27 and July 7 was Rs 4.3 per unit, down 22% from earlier. Despite maintenance shutdowns, power availability meets demand. Increased trading volume is witnessed with lower prices.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.