Mercom Insider

Real-Time Power Prices on IEX Crash to Zero as Rains Dull Energy Demand

Market clearing price remained at ₹0/kWh between 09:00–13:00 hours

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The real-time market on the Indian Energy Exchange saw market clearing prices plunge to near-zero levels on Sunday due to a surge in power supply and a simultaneous dip in demand caused by unseasonal rains and thunderstorms.

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