New Delhi: The average spot power price in the real time market (RTM) in its first month of launch in June was at Rs 2.22 per unit, which is lower than Rs 2.35 per unit in day ahead market at the Indian Energy Exchange. RTM allows consumers to purchase electricity at the exchange just one hour before delivery while in the day ahead market (DAM), power is bought for supply the next day.
IEX launched the real time market on May 31 for delivery of power from June.
IEX in a statement said RTM has accomplished volume of 515.46 MU ( million units) in June 2020.