New Delhi: Average spot power price fell 22 pc at Rs 3.12 per unit in March at Indian Energy Exchange (IEX) compared to Rs 4.02 per unit in the same month last year due to lower demand. The total traded volume in Day Ahead Market (DAM) last month declined 15 pc to 3,356 million units (MU) as against 3,955 MU in March 2018, according to an IEX statement. The Term-Ahead Market (TAM) traded 246.34 MU in the reported month, registering a surge of 78 pc over 138 MU traded in March 2018. However, the traded volume in DAM in March was up 20 per cent from 2,794 MU in February 2019.
Spot power price falls 22 percent
RECENT STORIES
Bangladesh Vanishes From BNCCI Trade Fair Amid Tensions, Kolkata Event Mourns Missing Sarees, Hilsa,...
RBI Report Reveals ATM Dip & Rural Banking Surge In FY25
ICSI Unleashes Stewardship Principles To Combat Short-Termism & Ignite Long-Term Value In India's...
Gaurs Group Secures ₹440 Crore NCD Boost To Fuel Land Buys, Debt Cuts, & Project Surge
India-Australia Pact Ignites Export Boom, 100% Duty-Free Access Unleashes Opportunities For...