Central Electricity Regulatory Commission (CERC) has ruled that the additional component of an 80 MVAR reactor associated with the Warora-Kurnool transmission scheme may come up under the regulated tariff mechanism (RTM) mode, though the original project is being Read more
Hindustan Power Exchange (HPX), on July 28, 2022, launched three new trading segments —Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) and Real Time Market (RTM). With the launch of these segments HPX has enhanced its portfolio to Read more
The National Committee on Transmission (NCT) in its latest meeting has approved the implementation of the “Western Region Expansion Scheme – XXV” under the regulated tariff mechanism (RTM) route. The scheme, costing about Rs.210 crore, needs to be completed Read more
Indian Energy Exchange (IEX) achieved 8,760 MU volume in February 2022 comprising 7,695 MU in the conventional power market, 453 MU in the green power market and 612 MU in the REC Market. Overall, IEX achieved 29 per Read more
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
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
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 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
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
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