business

Power regulator caps prices at Rs.12/unit at exchanges amid rising demand

Power regulator caps prices at Rs.12/unit at exchanges amid rising demand

  • The Central Electricity Regulatory Commission has asked the electricity exchanges to cap prices at Rs
  • 12 per unit amid a surge in power demand
  • The power regulator said prices at power exchanges have remained significantly higher during the last few days
  • Abnormally high price
  • is not only against consumer interest but also erodes the buyers confidence in the markets credibility, it added
.

business 2022-04-13 Inshorts