Power prices at the Indian Energy ExchangeNSE 0.00 % (IEX) rose Rs 1.16 per unit or almost 50%, during the last five days on the back of a near 60% rise in demand propelled by increased buy bids from South India.
Some states have been asked to supply power 24×7 leading to increased buying from the exchange. Power prices during the 9 pm – 10 pm slot was highest on Thursday during the week at Rs 7.45 per unit as demand outstripped supply by almost 25% for the slot.
