Short-term power sale prices plunge to record low, volume at decade high


Short-term power sale prices plunge to record low, volume at decade high

More states are coming forward to arrange short-term purchase of power, on the Centre’s prodding, leading to a reduction in price to a historic low of Rs 2.07 a unit. Also, the volume of short-term power trade rose to 20,975 million units in the current financial year till date, the highest in the past decade. This was similar to last year. The growth last month was 74 per cent.  The short-term bilateral volume fell 44 per cent and the growth in exchange volume was 33 per cent, shows industry data. States in the lead are West Bengal, Rajasthan. Read More…

 

Credit By : Business-standard.com

Leave a Reply

Your email address will not be published.