Widening demand-supply gap raises average prices by 24% on Monday
Kolkata: Monday’s average price at the Indian Energy Exchange rose almost 24.11% to Rs 3.57 per unit against previous Monday following widening gap between demand and supply.
Maximum average price during a one-hour block was attained between 8pm-9pm slot, which saw average price for the hour touch Rs 8.32 per unit, 65.41% higher than on last Monday.
Power is traded for 15 minutes slots. Hourly prices are the average of four 15 minutes slots calculated by the Exchange.
