The prices on power exchanges have hit the maximum ceiling of ₹10 per unit during peak hours, with States including Tamil Nadu seeing high power demand amid rising temperatures.
Tamil Nadu’s peak power demand crossed 19,000 MW for the first time on April 19, touching 19,087 MW and the following day it touched 19,387 MW.
The trading in power exchanges happen in 15-minute blocks and prices keep changing based on the demand. There are a total of 96 blocks.