Power demand rises 30% at Indian Energy Exchange against previous Monday
KOLKATA: Indian Energy ExchangeNSE -0.91 % (IEX) witnessed a 30% rise in power demand on Monday vis-à-vis last Monday (July 15). Average price for Monday deliveries was settled at Rs 3.81 per unit, 6.73% more than previous Monday’s average price.
According to data released by the Exchange, demand for power on Monday was 214 million units while total sell offer stood at 230.35 million units, 6.18% less than on previous Monday. Maximum price settled for the day was Rs 7.17 per unit, 14% less than July 15.
Demand for power continued to rise and remained to be more than supplies between 7 pm to 12 midnight during the day.
