
As renewable generation outpaces daytime demand distribution companies (discoms) increasingly offload surplus green power on exchanges at prices well below procurement costs.
India's solar industry is urging the power market regulator to raise electricity price limits on exchanges. Companies say the current cap hinders profitability and investment, especially with demand soaring due to heat waves. Peak power demand has hit record …
Power producers are often forced to sell electricity at low prices during periods of weak demand, but cannot make up for those losses when demand rises because of the price ceiling, says the industry body

The dip in demand came from partly cloudy skies, light rains, and gusty winds in northern India and Delhi-NCR, and heavy rainfall in parts of eastern India.