RTM
PGCIL set to easily surpass FY22 capex target
- Feb 14, 2022
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
IEX trading volume clocks 24 per cent y-o-y growth in December 2021
- Jan 6, 2022
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more
Power transmission projects worth nearly Rs.16,000 crore approved
- Dec 9, 2021
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
Tata Power, BluWave~ai join forces for AI-enabled energy optimization in Mumbai
- Oct 6, 2021
Tata Power has signed a three-year commercial agreement with BluWave~ai, the world’s first renewable energy artificial intelligence (AI) company. This agreement comes at the conclusion of a successful trial project during which Tata Power evaluated the performance of the Read more
IEX trading volume records 37 per cent year-on-year growth in July 2021
- Aug 5, 2021
The electricity market on the Indian Energy Exchange (IEX) recorded a trading volume of 7,322 MU in July 2021, registering a 37 per cent year-on-year growth. An IEX release, quoting statistics published by National Load Dispatch Centre (NLDC), said 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 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
PGCIL accords investment approvals worth over Rs.2,000 crore
- May 24, 2021
Power Grid Corporation of India Ltd (PGCIL) has accorded approval to investment of over Rs.2,000 crore, on various projects. The total investment approved stood at Rs.2,202.30 crore. Of this, an amount of Rs.1,761.30 crore was approved by the PGCIL 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
IEX records all-time high trading volume in March 2021 and FY21
- Apr 6, 2021
The electricity market on the Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in March 2021, a release by IEX said. Overall Performance in FY21 Despite subdued electricity demand during the first two quarters of Read more