Power prices fall 17% in September despite higher demand, pulled by supplies

New Delhi: Power demand in September was high but volatile amid changes in weather and incessant rains in many parts of the country, particularly northern and western India.

Despite higher year-on-year demand in September, average power prices on the exchanges fell during the month, driven by increased supplies. On the Indian Energy Exchange (IEX), the average price of power in the real-time market declined 17% on a year-on-year basis to ₹3.31 per unit.

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