In April 2018, the spot power price was ₹3.98 (~$0.0594)/kWh, ₹1.21 (~$0.0180)/kWh more than the ₹2.77 (~$0.0413)/kWh recorded in April 2017, an increase of approximately 44 percent. The key reasons for high prices were an increase in demand associated with seasonal variation and inadequate availability of coal for the thermal generators.