{"id":277339,"date":"2019-06-03T11:38:35","date_gmt":"2019-06-03T11:38:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277339"},"modified":"2019-06-03T11:38:35","modified_gmt":"2019-06-03T11:38:35","slug":"short-term-power-price-down-19-pc-in-april","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/short-term-power-price-down-19-pc-in-april\/","title":{"rendered":"Short-term power price down 19 pc in April"},"content":{"rendered":"<p>The short-term power price was down 19.1 per cent to Rs 3.22\/KWh in April this year compared to Rs 3.98\/KWh, the price in the corresponding month of 2018, despite rise in energy demand by 6 per cent.<\/p>\n<p>&#8220;Short term power price declined 19.1 per cent y-o-y despite energy demand increased by 6 per cent but energy supply rose by 6.2 per cent. The growth in supply was supported by higher hydro generation, which led to lower reliance on thermal generation,&#8221; India Ratings said in a report.<\/p>\n<p>With the improvement in coal inventory, the number of power stations with subcritical levels decreased to two in April 2019 from 28 in April 2018, it said.<\/p>\n<p>Coal India had raised supplies to power plants and continued to offer additional coal to them through special dispensations, a Coal India official said.<\/p>\n<p>The all-India electricity generation (excluding renewables) increased 5.3 per cent y-o-y to 108.9 billion units in April 2019 as thermal and hydro generation increased by 2 per cent and 48 per cent, respectively.<\/p>\n<p>According to Indian Energy Exchange data, in April this year, 2,24,802 Renewable Energy Certificates (RECs) were traded on the exchange registering, 71 per cent decline y-o-y, largely due to very low REC inventory.<\/p>\n<p>It said the price of non-solar REC in April &#8217;19 was Rs 1,300, an increase of 30 per cent from Rs 1,001 in April &#8217;18.<\/p>\n<p>While the price of solar REC stood at Rs 2,000 in April &#8217;19, it increased 100 per cent from Rs 1,000 in same month of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The short-term power price was down 19.1 per cent to Rs 3.22\/KWh in April this year compared to Rs 3.98\/KWh, the price in the corresponding month of 2018, despite rise in energy demand by 6 per cent. &#8220;Short term power price declined 19.1 per cent y-o-y despite energy demand increased by 6 per cent but energy supply rose by 6.2 per cent. The growth in supply was supported by higher hydro generation, which led to lower reliance on thermal generation,&#8221; India Ratings said in a report. With the improvement in coal inventory, the number of power stations with subcritical levels [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-277339","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277339"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277339\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}