Electricity prices in spot market remain firm

Electricity prices in spot market remain firm

India’s electricity prices remained firm in the spot market due to a raft of reasons such as lower quantum of power being traded, demand increase in the wake of a retreating monsoon, and sellers such as Telangana turning buyers to meet its consumers’ demand.

Pay more for power for three months

Pay more for power for three months

For the next three months, city residents will have to shell out more for power as the UT electricity department has proposed an increase in fuel and power purchase cost adjustment (FPPCA) charges on the existing tariff.