Spot Power Price Spikes To 5-year High Of Rs 14 Per Unit

Spot Power Price Spikes To 5-year High Of Rs 14 Per Unit

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.