Monsoon rains cool India’s electricity prices as supply outpaces demand

India saw power prices fall on the exchanges in August, with the day-ahead market price 11% lower than a year ago. Robust rains led to cooler weather that shrank demand, while boosting generation of hydropower.

​India saw power prices fall on the exchanges in August, with the day-ahead market price 11% lower than a year ago. Robust rains led to cooler weather that shrank demand, while boosting generation of hydropower.