The one o’clock block showed sellers offering 55,431 MWh against buyer demand of only 7,092 MWh. This seven-times supply surplus pushed the market to the day’s floor zone. The hour before cleared at Rs 300.59 per MWh, while the following hour cleared at Rs 275.23 per MWh.
EnergylineIndia.com notes that DAM market in india is becoming increasingly shaped by solar-hour supply expansion and weak midday buy interest. Across the full day, IEX traded 173,773 MWh at a simple average of Rs 3,290 per MWh and a volume-weighted average of Rs 3,206 per MWh. This is relevant to RTM market in India because intraday flexibility and ramping economics are becoming more important. DAM market in india cleared below Rs 700 per MWh from noon to three. DAM market in india recovered into the evening ramp, Classified Power News, IEX, DAM, Electricity Trading, Solar Surplus.
