October Average Market Clearing Price Drops to ₹2.46 at the IEX Spot Power Market

October saw attractive and competitive price in Indian Energy Exchange (IEX) Spot Power Market with average Market Clearing Price (MCP) at ₹2.46 (~$0.0369) per unit, 19 percent less than MCP of ₹3.03 (~$0.0455) per unit in the same month last year. The average Area Clearing Prices (ACP) ranged from ₹2.40 (~$0.036) to ₹2.75 (~$0.0413) per unit across regions. 

 

Source : http://www.iexindia.com/Uploads/NewsUpdate/04_11_2016PressReleaseIEXPowerMarketNov16.pdf

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