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CERC extends price cap on power exchanges till Dec 2022 amid rising demand

The maximum ceiling price that can be quoted at the power exhanges is Rs 12 per, according to the original order of CERC in June.

electricity, power grid
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Shreya Jai New Delhi
In view of power demand rising in the coming months, the Central Electricity Regulatory Commission (CERC) has extended the cap on spot power prices till December 2022. 

The maximum ceiling price that can be quoted at the power exhanges is Rs 12 per, according to the original order of CERC in June.  

The Commission had directed the powee exchanges in June to keep the range of prices from Rs 0/kWh to Rs12/kWh in Day Ahead Market (DAM), GDAM, RTM, Intra-day, Day Ahead Contingency and Term-Ahead (including Green TAM) contracts.

The move was in line with the coal shortage in the

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First Published: Sep 29 2022 | 9:22 PM IST

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