Indian Energy Exchange achieved 50% growth in electricity market with volume of 6769 MU in month of February 2021. The robust growth in volume indeed indicates that Exchange’s electricity market being clearly positioned as the most preferred option for distribution utilities and the industrial consumers to source electricity for addressing the demand-supply balance as well […]
Average spot power price up 16 pc at Rs 3.39/unit in February at IEX
The average monthly price at Rs 3.39 per unit during the month saw 16 per cent year-on-year increase driven by a sharp increase in demand by several states New Delhi: Average spot power price at Indian Energy Exchange (IEX) rose over 16 per cent to Rs 3.39 per unit in February in the day ahead […]
Petition for grant of registration to establish and operate a Power Exchange
CERC proposes to grant registration to Pranurja Solutions to establish and operate a power exchange Petition for grant of registration to establish and operate a Power Exchange Petition under Regulation 16 of the Central Electricity Regulatory Commission (Power Market) Regulations, 2010 as amended, for grant of registration to establish and operate a Power Exchange in […]
Average spot power price up 11 pc at Rs 3.18/unit in January on IEX
The market registered ample availability of power with the total sell bids at 10,074 MU being almost two times of the cleared volume. New Delhi : The average spot power price rose 11 per cent to Rs 3.18 per unit in the day ahead market on the Indian Energy Exchange (IEX) in January from Rs […]
IEX achieves highest electricity volume of 7434 MU in January 2021
Real-time market records highest ever volume of 1233 MW Indian Energy Exchange achieved a new milestone in the month of January’21 with all-time high volume of 7434 MU leading to a significant 47% YoY growth in electricity volume traded during the month. The day-ahead market traded 5584 MU and saw a notable 17% YoY growth […]
IEX electricity market volume grows 61% YoY in Nov
The Indian Energy Exchange (IEX) traded electricity volume of 6164 million units (MU) in November 2020, registering a significant 61% YoY growth. The day-ahead market volume at 4,860 MU (million units) also recorded 43% Y-o-Y growth. “The market continued to see high sell side liquidity with total sell bids at 9,778 MU being twice that […]
IEX expands Green Market – introduces new contracts to enable renewable energy trade on the same day and up to 11 days ahead
~The two newly introduced green contracts, Daily and Weekly, are in addition to already operational Intra-day and Day-Ahead Contingency (DAC) contracts in the Green Market ~ ~Within 102 days of commencement, Green Market has traded 459 MU volume comprising 404 MU traded in Solar and 55 MU traded in Non-Solar segments~ New Delhi: The Indian […]
Average spot power price rises 1 pc in Oct at IEX
This has ensured that the distribution utilities and industries accrue significant financial savings while leveraging the Exchange market for increasingly meeting their short-term electricity requirements at low cost, it added New Delhi : Average spot power price rose marginally by one per cent to Rs 2.74 per unit in October at Indian Energy Exchange (IEX), […]
MCX, IEX ink licensing agreement to launch electricity derivatives
The launch of electricity derivatives will provide an effective risk management avenue and help the value chain participants to hedge price risks and protect their revenue margins, it said Mumbai: The Multi-Commodity Exchange of India (MCX) on Thursday said it has entered into a licensing agreement with Indian Energy Exchange to launch Electricity derivatives. The […]
MCX, IEX ink licensing agreement to launch electricity derivatives
The launch of electricity derivatives will provide an effective risk management avenue and help the value chain participants to hedge price risks and protect their revenue margins, it said Mumbai: The Multi-Commodity Exchange of India (MCX) on Thursday said it has entered into a licensing agreement with Indian Energy Exchange to launch Electricity derivatives. The […]