News: The Central Electricity Regulatory Commission (CERC) has extended Rs. 12 per unit price ceiling in all market segments of power exchanges by three months. The earlier order lowering the price cap from Rs. 20 was in force till June 30, 2022
Views: The order said based on the assessment of demand-supply position in the power sector, it is felt that high demand for electricity is likely to continue over the next few months due to increase in economic activity but it will impact IEX negatively that is unable to garner volumes due to capping as many of the suppliers and consumer are going for bilateral contract instead of going for power exchanges contracts
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