{"id":483024,"date":"2022-04-07T10:22:44","date_gmt":"2022-04-07T04:52:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=483024"},"modified":"2022-04-07T11:16:34","modified_gmt":"2022-04-07T05:46:34","slug":"average-power-price-on-indian-energy-exchange-hits-13-year-high-in-march-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/average-power-price-on-indian-energy-exchange-hits-13-year-high-in-march-2\/","title":{"rendered":"Average power price on Indian Energy Exchange hits 13-year high in March"},"content":{"rendered":"<p>The average power purchase price on the Indian Energy Exchange Ltd (IEX) surged in March to the highest level since April 2009, data on the company&#8217;s website showed, reflecting a steep rise in electricity demand. <\/p>\n<p>Power demand during March rose at the fastest pace in three months, with electricity shortages the worst since October due to soaring temperatures and a sharp uptick in economic activity.<\/p>\n<p>The number of buy bids, reflecting demand on the day-ahead market, exceeded sell bids, indicative of supply by 35%, data showed, pushing the average purchase price to Rs 8.23 ($0.1087) per kilowatt hour (kWh), over double the average price in March 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average power purchase price on the Indian Energy Exchange Ltd (IEX) surged in March to the highest level since April 2009, data on the company&#8217;s website showed, reflecting a steep rise in electricity demand. Power demand during March rose at the fastest pace in three months, with electricity shortages the worst since October due to soaring temperatures and a sharp uptick in economic activity. The number of buy bids, reflecting demand on the day-ahead market, exceeded sell bids, indicative of supply by 35%, data showed, pushing the average purchase price to Rs 8.23 ($0.1087) per kilowatt hour (kWh), over [&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":[146,130,234],"tags":[],"class_list":["post-483024","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/483024","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=483024"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/483024\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=483024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=483024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=483024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}