(a) whether the spot power tariff have risen to exorbitant level during the last several months;
(b) if so, the details thereof;
(c) whether one of the reasons for the same was higher demand and lower supply; and
(d) if so, the details thereof?
(a) whether the spot power tariff have risen to exorbitant level during the last several months;
(b) if so, the details thereof;
(c) whether one of the reasons for the same was higher demand and lower supply; and
(d) if so, the details thereof?
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER
AND NEW & RENEWABLE ENERGY
( SHRI R. K. SINGH )
(a) to (d) : Electricity price known as the Market Clearing Price (MCP) is discovered in the power exchanges as per the notified market mechanism for each of the 96 time blocks of 15 minutes in a day. The MCP for each time block depends on the demand and supply. The monthly average MCP has ranged from Rs. 3.14/unit to Rs. 6.5/unit in the power exchange in the country. The Month- wise Average MCP from April to November, 2018 in Indian Energy Exchange (IEX) and Power Exchange of India limited (PXIL) is given at Annex-I. Buy and sell volume in Power exchange during the period from April-18 to November-18 are given at Annex-II.
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