The CERC had on April 1 lowered the cap on prices in the day-ahead and real-time market segments of the exchanges. This had led to a drop of as much as 70% in sell bids in these segments while prices on uncapped term-ahead market rose to ₹13 from ₹5 as it attracted electricity sellers. The capping directive was based on demands from some states and industries.from Energy-Industry-Economic Times https://ift.tt/JwSxpu1
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