IEX
Vedanta Aluminium makes largest green power purchase on IEX
- Aug 2, 2021
Vedanta Aluminium, the aluminium business of Vedanta Ltd, has made the highest purchase of green energy on Indian Energy Exchange (IEX) in the first quarter of FY22. In a release Vedanta Aluminium said that it procured 354 million kwh Read more
No decision yet on longer duration contracts on power exchanges
- Jul 29, 2021
In a recent order, Central Electricity Regulatory Commission (CERC) said that it was still premature to grant approval to longer-duration contracts sought by Indian Energy Exchange (IEX) and Power Exchange of India Ltd (PXIL) CERC, in its order dated Read more
RTM emerges as fastest growing market on IEX
- Jul 23, 2021
The real time market (RTM) segment has emerged as one of the fastest growing markets on the Indian Energy Exchange (IEX), a release by IEX said. The RTM platform completed its first year of existence on June 1, 2021, Read more
IEX trading volumes up 44 per cent in Q1FY22
- Jul 5, 2021
Electricity trading volumes on the Indian Energy Exchange (IEX) recorded a 44 per cent year-on-year growth in the first quarter (April to June) of FY22. The total trading volume during the first quarter stood at 21,340 MU (million units Read more
IEX trading volume records 9 pc growth in May 2021
- Jun 7, 2021
Indian Energy Exchange (IEX) traded 6540 MU of electricity volume in May 2021, recording a 9 per cent year-on-year growth, an IEX release said. May 2021 marked continuation of the COVID-19 lockdowns as well the cyclonic disturbances which affected Read more
Power exchanges account for half of short-term electricity market: IEX
- May 14, 2021
Power exchanges accounted for over half of the overall short-term electricity market during FY21, according to an investor presentation by Indian Energy Exchange (IEX). This metric has steadily improved from 30.2 per cent in FY16. A recent presentation by Read more
Nava Bharat Ventures revives Odisha power plant, registers on IEX
- May 11, 2021
Hyderabad-based Nava Bharat Ventures has begun merchant electricity sales from its newly-revived power plant in Odisha. In a stock exchange communication, Nava Bharat Ventures said that it has synchronized to grid its 60-mw power plant and has commenced power Read more
Nepal becomes first country to trade on IEX’s cross-border platform
- May 6, 2021
Nepal has become the first country to trade on the newly-launched Cross Border Electricity Trade (CBET) segment of Indian Energy Exchange (IEX). In a release, IEX said that Nepal traded on the day-ahead market of the CBET, on April Read more
IEX launches cross-border electricity trade segment
- Apr 19, 2021
Indian Energy Exchange (IEX) has announced commencement of the Cross Border Electricity Trade (CBET) on its platform. This is a first-of-its kind initiative for energy exchanges to expand their power markets beyond India to the South Asia region towards Read more
NLC India earns Rs.216 crore through power trading in FY21
- Apr 10, 2021
NLC India, formerly Neyveli Lignite Corporation, has earned gross revenue of Rs.216 crore in FY21 through trading of surplus power on the real-time platform of energy exchanges, the Central PSU in the coal ministry said. In a release, NLC Read more