Spot power prices falls 15% in FY25

DESPITE RISE IN DEMAND

- ARUNIMA BHARADWAJ

ELECTRICITY PRICES IN the spot market fell by 15% year-on-year to ₹4.47 per unit in FY25, even as power demand increased, according to data from the Indian Energy Exchange (IEX). The decline in prices was attributed to a significant rise in sell-side liquidity on the exchange.

To meet the growing demand, the power ministry implemented several measures throughout the year to boost supply. These included the extension of directives for imported coal-based power plants to operate at full capacity, facilitating the sale of surplus power on exchanges, ensuring availability of gas-based plants, and increasing the operational readiness of generating units to meet peak demand.