Average spot power price up nearly 53 pc to Rs 3.70/unit in April at IEX

The average spot power price rose by nearly 53 per cent to Rs 3.70 per unit in April at the Indian Energy Exchange NSE -0.77 % (IEX) primarily due to increase in demand. In April 2020, The average monthly price stood at Rs 2.42 per unit, an IEX statement said.

“The day-ahead market (DAM) traded 5,699 MU (million units) volume in April, 2021 achieving a significant 54 per cent year-on-year (YoY) growth,” it noted.