GTAM

Signalling a good appetite amidst DISCOMs for procuring power in real-time, the IEX real-time electricity market has witnessed a strong growth in June of 235 percent y-o-y

Indian Energy Exchange’s (IEX) green term-ahead market has traded the highest-ever volume of 357 MU during May

IEX has said that India’s neighbours Bhutan and Bangladesh will follow in the footsteps of Nepal and join the Cross Border Electricity Trade platform soon

Spurred by the increasing demand for electricity across various states, the electricity market at IEX achieved an all-time high volume of 8,248.52 MU in the month of March

A transition towards more trading of electricity in real-time or short-term could help India’s power sector achieve competitive price discovery, reduce costs for consumers, said IEEFA

The electricity market at the IEX traded 5,467 MU in August’20 witnessing a 1 percent increase over volume traded in August’19

Power Minister RK Singh has said that the commencement of green market has positioned India amidst the league of nations with developed electricity markets

The IEX said that it has got an approval from the Central Electricity Regulatory Commission (CERC) to launch green energy term-ahead market on its platform