Power Today |
Advertise Here [728 W x 90 H pixels]
Web Exclusive | April 2018

Spot power price up 25 per cent, expected to rise further

Prices of power in the spot market in India have risen 25 per cent to Rs 3.97 per unit in March from R 3.20 per unit in January and are expected to shoot further in the near future, owing to a host of structural and seasonal factors, CRISIL Infrastructure Advisory said. The factors include unmet and suppressed demand, no new thermal capacities announced in the past two years, and inability to meet peak demand because of mismatch with renewable energy generation curve and insufficient domestic coal supplies. Also, plants stressed owing to ongoing litigation and change in law provisions are unable to run at full capacity thereby adding to supply constraints. The average spot power price this year of Rs 3.43 per unit is a “huge leap from the Rs 2.50 average logged in the corresponding period of the past two fiscals. What’s more, monthly peak prices on power exchanges this year have averaged at Rs 7.1 which is almost twice the levels in fiscal 2017," the agency said.

Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]