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 average spot power price in DAM at IEX was Rs 3.34 per unit in May, 2019.
The average spot power price fell by 3 per cent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply
Good monsoon rains dampened the power demand as well as prices in July this year vis--vis the preceding month
The spot power price touched the peak of Rs 9.38 per unit during a trading session on Wednesday