Short Term Bilateral: Most entities in the northern and western region bilateral power markets seem to have settled with their procurement and sales quanta. Southern region bilateral power market remains volatile with daily changes in procurement and sales. Private generators in the southern region have managed to increase their sales in the bilateral market.
Power Exchanges: All-India RTC clearing price at IEX recovered sharply following sudden surge in demand from eastern and southern region. It will be difficult to say if prices will sustain at these levels as demand from western and northern region remains low. Low congestion has also kept up pressure on the clearing prices for the last few days.
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