The Day-Ahead Market at Indian Energy Exchange (IEX) witnessed transactions of 3231 MUs in January 2016 despite low demand due to the cold wave in North and congestion in Inter-State Transmission Network. On a daily average basis, 100 MUs were traded. The average Market Clearing Price (MCP) for the month was Rs 2.50 per unit about 8% over prices of the previous month.
For January, the peak price was discovered as Rs 2731.16 per MWh higher than the previous month by 9%. The Average Round the Clock (RTC) for this month is Rs 2498 per MWh, an increase of 17% as compared to last month. But when the average RTC price is compared with January 2016, we discovered a drop-in price by 1%. The average Area Clearing Prices (ACP) across regions in January are as below:
West North Rs Rs 2.37 2.77 per per unit unit South Rs 2.85 per unit East Rs 2.37 per unit North East Rs 2.37 per unit