Power companies see better margins on soaring summer demand

Power companies expect better margins this summer owing to higher electricity demand on the back of rising temperatures earlier than previous years.

The short-term electricity tariffs discovered by state distribution companies seeking supply of power in the summer months have broken many years’ record – at up to Rs 8 per unit. Short-term power prices have been hovering atRs 2-3 per unit levels in the last few summers. The prices touched a high of about Rs 10 per unit in the summer of 20 ..

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