At last exercising its right under EA2003,CERC issued order capping short term power price in the range of Rs 0.10 to Rs 8 per unit for a period of 45 days.It is applicable only for interstate day ahead power market for power exchanges and traders.
The effect of such order to the power market would be studied in the time frame and further actions will be taken by the CERC after the time period.
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