Kolkata: The short-term power price was down 19.1 per cent to Rs 3.22/KWh in April this year compared to Rs 3.98/KWh, the price in the corresponding month of 2018, despite rise in energy demand by 6 per cent.
"Short term power price declined 19.1 per cent y-o-y despite energy demand increased by 6 per cent but energy supply rose by 6.2 per cent. The growth in supply was supported by higher hydro generation, which led to lower reliance on thermal generation," India Ratings said in a report.
With the improvement in coal inventory, the number of power stations with subcritical levels decreased to two in April 2019 from 28 in April 2018, it said. Coal India had raised supplies to power plants and continued to offer additional coal to them through special dispensations, a Coal India official said.