Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

The concentration of hydro, solar, wind and other renewables in the power mix needs to increase for spot power prices to decline

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In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise.

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