Average power price on Indian Energy Exchange hits 13-year high in March1 min read . Updated: 06 Apr 2022, 04:31 PM IST
- 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 average power purchase price on India's largest electricity exchange, Indian Energy Exchange Ltd, surged in March to the highest level since April 2009, data on the company's website showed, reflecting a steep rise in electricity demand.
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