The price of electricity at the Indian Energy Exchange (IEX) continued to remain attractive throughout the month of July owing to excess supply. With the exception of southern region and Punjab, the price for power even dropped to as low as Rs 0.99 per unit on a few occasions. The average power price in July across majority of Indian states remained below Rs 2.00 per unit at IEX. In the southern regions, price remained below Rs 5.00 per unit, while in Punjab, the average price was high and hovered around Rs 7.54 per unit, largely due to transmission constraints.
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