"Western States sold 1,002 MUs (million units) of electricity, 27 per cent lower over the previous month due to severe congestion," IEX said in a statement.
The Exchange continued to experience severe congestion on inter-state transmission system, especially on the western-southern region and western-northern region.
The month of February also witnessed decrease in power demand and reduction in prices at IEX.
"Despite the summer season approaching, there was no significant increase in demand for power across states. Instead, the northern states saw reduction in power demand by 29 per cent over the previous month, while the eastern and north-eastern states also saw reduction of 21 per cent over the last month," the statement said.
With sell bids at 3.40 BUs and buy bids at 2.89 BUs, the supply of power exceeded the demand.
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