Average spot power price remains low at Rs 2.36 a unit during lockdown
New Delhi: Average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy ExchangeNSE 0.83 % (IEX) during the lockdown period so far, which began last month to contain the spread of coronavirus.
The IEX has witnessed heightened activity among power distribution companies (discoms) since the coronavirus-induced nationwide lockdown on March 25, according to a statement by the Exchange.
It stated that with a decline in peak demand by almost 25 per cent, the Exchange has witnessed high sell-side liquidity, almost at 2.7 times the demand side, which is helping keep the price in the market under check.
