NEW DELHI: The blackout call has a bearing on energy market as spot power price dropped to around 70 paisa per unit for supply during the 15 minutes block from 9 PM to 9:15 PM on Sunday at Indian Energy Exchange.
The minimum spot power price was around Rs 2 per unit for supplies for Saturday as well as on Monday on the IEX.
Prime Minister Narendra Modi on Friday urged people to switch off the lights at their homes and light up lamps, candles or mobile phone torches for nine minutes at 9 pm on Sunday to display the country’s “collective resolve” to defeat coronavirus.
