Green certificates trade to resume on IEX
The Indian Energy Exchange as well as Power Exchange of India are set to resume trading of renewable energy certificates from Wednesday after a gap of 16 months.
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IEX green term-ahead market trades 2,744 MU RE
Indian Energy Exchange (IEX) said its green term-ahead market cumulatively traded 2,744 million units of renewable energy in its first year comprising of 1,267 MU volume…
Vedanta Aluminium is India’s largest green power purchaser
Vedanta Aluminium Business, India's largest producer of aluminium and value-added products, became India's largest green power purchaser on the Green Market at the Indian Energy Exchange…
IEX clocks highest trade volume of 22.42 BU in Q4FY’21
Indian Energy Exchange (IEX) recorded the highest power trade volume or sales of 22.42 billion units (BU) in the March quarter with year-on-year growth of 62.1%.
IEX starts cross-border electricity trade for integrated market
Indian Energy Exchange (IEX) announced starting of cross-border electricity trade on its platform in first-of-its-kind initiative for exchanges to expand their power markets beyond India to…
GAIL acquires 5% stake in Indian Gas Exchange
GAIL (India) Limited has signed a Share Purchase and Shareholders Agreement (SPSHA) with IGX and Indian Energy Exchange Limited (IEX), the promoter and parent company of…
ONGC acquires 5% stake in Indian Gas Exchange
Oil and Natural Gas Corporation Limited (ONGC) has signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy…
Average spot power price up 16% at Rs 3.39/unit in February
Average spot power price at Indian Energy Exchange (IEX) rose over 16% to Rs 3.39 per unit in February in the day ahead market (DAM), over…
Average spot power price rose 11% to Rs 3.18/unit
The average spot power price rose 11% to Rs 3.18 per unit in the day ahead market on the Indian Energy Exchange (IEX) in January from…
PNGRB gives IGX nod to operate as Gas Exchange
Indian Gas Exchange (IGX) has secured authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) to operate as a Gas Exchange.