Indian Energy Exchange
IEX reports surge in electricity demand & trading volumes in October 2023
Power
November 6, 2023
IEX reports surge in electricity demand & trading volumes in October 2023
Indian Energy Exchange (IEX) has reported a significant surge in electricity demand and trading volumes during October 2023, reflecting the…
IEX power trade volume grew 54% to 9,477 MUs in Nov
Power
December 7, 2021
IEX power trade volume grew 54% to 9,477 MUs in Nov
Electricity trade volume at Indian Energy Exchange (IEX) rose nearly 54% year-on-year in November this year to 9,477 million units…
Green certificates trade to resume on IEX
Power
November 23, 2021
Green certificates trade to resume on IEX
The Indian Energy Exchange as well as Power Exchange of India (PXIL) are set to resume trading of renewable energy…
ICRA revises energy demand growth outlook to 8-8.5%
Power
October 4, 2021
ICRA revises energy demand growth outlook to 8-8.5%
Rating agency ICRA revised its energy demand growth outlook for 2021-22 upwards from 6% to 8-8.5% by ICRA.
Demand to keep electricity prices elevated in the short-term
Power
October 3, 2021
Demand to keep electricity prices elevated in the short-term
Rising demand is expected to keep electricity prices elevated in short-term. According to India Ratings and Research (Ind-Ra), the all-India…
IEX green term-ahead market trades 2,744 MU RE
Renewable Energy
August 24, 2021
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…
Vedanta Aluminium is India’s largest green power purchaser
Renewable Energy
August 2, 2021
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…
IEX clocks highest trade volume of 22.42 BU in Q4FY’21
Power
May 14, 2021
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…
IEX starts cross-border electricity trade for integrated market
Power
April 19, 2021
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…
GAIL acquires 5% stake in Indian Gas Exchange
Oil & Gas
March 10, 2021
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),…
ONGC acquires 5% stake in Indian Gas Exchange
Oil & Gas
March 10, 2021
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…
Average spot power price up 16% at Rs 3.39/unit in February
Power
March 4, 2021
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…
Average spot power price rose 11% to Rs 3.18/unit
Power
February 3, 2021
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…