Average spot power price to be less than Rs 3.5/unit in May
Average spot power price is unlikely to breach the Rs 3.50 per unit level in May on account of sufficient coal stock for thermal plants and enhanced supplies from clean energy sources, according to experts.
“Despite higher peak demand of 178 GW, average spot power prices at exchanges would not be more than Rs 3.5 per unit during May because of better supplies particularly from clean energy sources like wind, solar and hydro. Besides, there is no shortage of coal this month for thermal power generation,” an industry expert told PTI.
