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Power prices feel the heat on high demand; plants have enough coal – EQ Mag

Power prices feel the heat on high demand; plants have enough coal – EQ Mag

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Electricity prices on the trading exchanges increased over the last week, indicating higher demand as temperatures spiked in most parts of the country. Power plants reported adequate coal stocks.

The month started with ₹2.8 a unit on the IEX in the day-ahead market, increased to ₹6 on May 12, and then to ₹6.7 per unit on May 18, as the mercury rose over the period…Read More...

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network