Tuesday, August 2, 2022

Centre weighs new segment on power bourses for costly projects

Spot electricity prices on power exchanges are capped at ₹12 per unit. The proposal seeks to ensure increased electricity availability while also reviving these non-operational projects. Nearly 24 GW of gas-based capacity and 17 GW of imported coal-based capacity is either idle or under-utilised due to a lack of buyers since per unit prices are high because of steep fuel costs.

from Energy-Industry-Economic Times https://ift.tt/pvwX5Pc

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