Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Onset of monsoon dampens power demand

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The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs quoted in solar auctions. The price in July was seven percent lower than the spot power price of ₹3.73 (~$0.054)/kWh recorded in June 2018.

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