DISCOMS opt for day ahead market to mitigate soaring summer power costs

Posted On : May 20, 2024

Data from IEX for March 2024 shows that the DAM segment maintained stable prices with an average market clearing rate of Rs 3.91 per unit, a decline of 28 percent from the previous year. Meanwhile, the Term-Ahead Market (TAM) recorded higherates, imposing additional financial burdens on DISCOMS.