Economic TimesLean R·
Price on IEX soars on high power demand
The High Price Day-Ahead Market (HP-DAM) on the Indian Energy Exchange has rallied, often touching the maximum ceiling of ₹20 per unit through much of September, as sustained electricity demand, particularly during non-solar hours, has increased pressure supply.IEX data for September 6-17 shows the HP-DAM daily market clearing price reaching the ₹20 per unit ceiling during the period, with most trade in time blocks of non-solar hours, alongside a sharp rise in purchase bids.Coal AvailabilityThe…
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