India’s Short-Term Power market grew by 12% in 2023-24, reaching 218.22 billion units, contributing 12.5% of the total electricity generated. The market's monetary value surged 19% to ₹100,729 crore. Thermal power led with 55% of installed capacity, while Renewable Energy reached 32.5%. Cross-border electricity trade expanded, and Green Energy became more affordable.
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