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December 03,2024

Prices Exchange of Wind & Hydro drop by 31% in Oct-Nov

The drop of 31% year on year to Rs 3.61 per unit at DAM. The decline price lead to surge in renewable energy with favorable monsoon condition. In the DAM, the minimum price during October-November 2024 plunged by 67% to Rs 0.49 per unit to Rs 1.5% in the same period. The government’s continued efforts to ensure price stability and improve liquidity are expected to keep the market favorable.

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