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The Hindu
The Hindu
National
Sanjay Vijayakumar

Central Electricity Regulatory Commission directs power exchanges to maintain a price cap of ₹12/unit till December

The Central Electricity Regulatory Commission (CERC) has extended the price cap of ₹12 per unit on power exchanges till December, 2022, amid anticipated demand during the festive season and winter.

At a recent meeting of the Operation Coordination Sub-Committee of the Southern Regional Power Committee, under the Central Electricity Authority, Tamil Nadu said it would manage any likely deficits from September 2022 to January 2023 through purchases from the real-time market.

As per data shared at the meeting, the State’s evening peak demand is expected to be 15,300 MW in October 2022, 14,500 MW in November 2022 and 15,000 MW in December 2022. The availability is likely to be 14,574 MW in October 2022, 13,895 MW in November 2022 and 13,537 MW in December 2022.

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