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Power producers set for a good summer

Updated : April 04, 2018 11:54 AM IST

It looks like a good summer for power producers as well  air conditioner makers. The monthly market clearing price at Indian Energy Exchange (IEX) has spiked 25% from 3.20 per unit in January to 3.97 in March.

Demand is picking up and given the fact that there was some shortage of coal supply and that led to the PLS and the thermal power plants going lower is the reason for this spike as far as the short-term prices are concerned in Indian energy market.

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