Indications are that electricity prices will remain muted in the near term. The subdued expectations are reflected in the spot electricity markets. Spot electricity prices are for next day delivery and reflect present demand-supply dynamics. Even so, given the weak demand conditions and low tariffs in spot electricity, market producers would do well to align their tariff expectations with market conditions. IPP is independent power producers and PPA is power purchase agreement.

Source: Mint January 23, 2020 18:11 UTC