Wednesday, October 13, 2021

Gujarat agrees to buy Tata Mundra power at Rs 4.5 for a month

The move is expected to reduce spot electricity prices to some extent as Gujarat is one of the top buyers on power exchanges off-taking about 4,000-Mw daily at about Rs 13 per unit. Desperate bids by power discoms in the wake of low domestic coal availability at power plants has pushed peak prices on Indian Energy Exchange to Rs 20 per unit.

from Energy-Industry-Economic Times https://ift.tt/3iU6U9u

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