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All You Need To Know About A Reform That Could Lower Power Costs
The Power Ministry has sought inputs from all stakeholders by the end of June. It is eyeing a rollout by April 1.
28 Jun 2021, 12:27 PM IST
India has proposed a nation-wide short-term power trading mechanism where supply from generators quoting the lowest pricing gets sold first, a system that could help producers struggling without long-term supply pacts.Asia's third-largest economy has an integrated power grid but lacks a uniform price of procurement, according to a draft paper floated by the Ministry of Power earlier this month. The proposed market-based economic disp...
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