India Braces for Power Price Hikes As Nuclear Plant Undergoes Maintenance

India could see spikes in power prices in the coming weeks as supply will be constrained and procurement costs will rise with the shutdown of a unit at the country’s largest nuclear power plant for maintenance.  India has now shut the 1-GW Unit 1 at the Kudankulam nuclear power plant in the southern state of Tamil Nadu, Reuters quoted a notice by the Central Electricity Authority.  The maintenance is expected to last just over two months, potentially tightening the supply of electricity in southern India and leading to higher supply…