{"id":361604,"date":"2020-07-07T11:01:16","date_gmt":"2020-07-07T05:31:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361604"},"modified":"2020-07-07T11:01:16","modified_gmt":"2020-07-07T05:31:16","slug":"average-spot-power-price-drops-29-pc-to-rs-2-35-unit-on-iex","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/average-spot-power-price-drops-29-pc-to-rs-2-35-unit-on-iex\/","title":{"rendered":"Average spot power price drops 29 pc to Rs 2.35\/unit on IEX"},"content":{"rendered":"<p>Average spot power price dropped 29 per cent year-on-year to Rs 2.35 per unit in the day-ahead market in June on India Energy Exchange (IEXNSE -1.49 %).<\/p>\n<p>The day-ahead market (DAM) traded 4,174 MU (million units) witnessing high sell-side liquidity in the month, with total sell bids at 10,164 MU being close to 1.5 timed the buy bids at 4,661 MU, according to an IEX statement.<\/p>\n<p>&#8220;The average market clearing price during the month was at Rs 2.35 per unit registered a whopping 29 per cent YoY (year on year) decline over a price of Rs 3.32 in June<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average spot power price dropped 29 per cent year-on-year to Rs 2.35 per unit in the day-ahead market in June on India Energy Exchange (IEXNSE -1.49 %). The day-ahead market (DAM) traded 4,174 MU (million units) witnessing high sell-side liquidity in the month, with total sell bids at 10,164 MU being close to 1.5 timed the buy bids at 4,661 MU, according to an IEX statement. &#8220;The average market clearing price during the month was at Rs 2.35 per unit registered a whopping 29 per cent YoY (year on year) decline over a price of Rs 3.32 in June<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-361604","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361604","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=361604"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361604\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}