TAG: "Indian Energy Exchange"

News

IEX Sees 105 Percent YoY Increase in RE Certificates Trading in October 2024

Indian Energy Exchange (IEX) recorded a four percent year-on-year increase in electricity traded volume, reaching 9,642 MU in October 2024, along with a 105 percent rise in renewable energy certificates, totalling 4.44 lakh, as demand for renewable energy trading surged.

Indian Energy Exchange | November 05, 2024 | By Mrinmoy Dey | 309

IEX Reports 25 Percent PAT Growth to INR 108.3 Crore in Q2 FY25, Revenue Rises 26 Percent

Indian Energy Exchange (IEX) posted a 25.2 percent YoY rise in consolidated Profit After Tax (PAT) to INR 108.3 crore for Q2 FY25. Revenue grew 26.2 percent to INR 167.8 crore, driven by a 38 percent increase in total trading volumes to 36.7 BUs.

Indian Energy Exchange | October 25, 2024 | By EI News Network | 382

IEX Sees 24 Percent YoY Growth in September 2024

Indian Energy Exchange achieved 11,370 MU total volume in September 2024, with REC trading rising 100 percent year-on-year. REC prices hit an all-time low at INR 110 per certificate, providing an opportunity for obligated entities to meet Renewable Purchase Obligations affordably.

Indian Energy Exchange | October 08, 2024 | By EI News Network | 342

IEX Achieves Highest Ever Monthly Traded Volume of 13,250 MU in July 2024

Indian Energy Exchange (IEX) Power Market Update, July 2024 highlights the surges in trade volume in electricity, green market and REC market.

Indian Energy Exchange | August 07, 2024 | By News Bureau | 569

Q1 FY'25: IEX Revenue Surges 21.3 percent to INR 154.5 Crore

In Q1 FY'25, IEX reported a 21.1 percent increase in trading volume to 30.4 BUs. Revenue grew by 21.3 percent to INR 154.5 crore, and PAT surged 27.2 percent to INR 96.4 crore. Peak power demand reached a new high of 250 GW.

Indian Energy Exchange | July 26, 2024 | By EI News Network | 667

IEX Sees Record Growth in Q1 FY25 with 19 Percent Surge in Electricity Volume

In June 2024, IEX achieved an electricity volume of 10,185 million units (MU), marking a 24.7 percent year-on-year (YoY) increase.

Indian Energy Exchange | July 04, 2024 | By Abha Rustagi | 647

IEX Sees Record Trading Volumes in May 2024

This surge was driven by a 21 percent YoY rise in electricity volumes, totaling 9,568 MU, and a 640.3 percent YoY increase in Renewable Energy Certificates (REC) trading, amounting to 1,055 MU.

Indian Energy Exchange | June 06, 2024 | By Abha Rustagi | 898

Indian Energy Exchange Reports Strong Financial Performance for Q4 FY 2024

Revenue for Q4 was INR 149.5 Cr, up 15.4 percent YoY, and PAT was INR 95.1 Cr, a 14.7 percent increase YoY.

Indian Energy Exchange | May 18, 2024 | By Abha Rustagi | 1124

Indian Energy Exchange Trades 110 BU of Electricity in FY'24

In FY'24, IEX achieved a milestone by recording 110 billion units (BU) of electricity traded, marking a substantial increase of 13.8 percent compared to the previous fiscal year.

Indian Energy Exchange | April 05, 2024 | By Abha Rustagi | 1649

IEX Sets New Record with Highest Ever Volumes in January 2024

According to government data published in January’24, the country's energy consumption reached 133.8 BUs, representing a 6 percent increase on a year-on-year basis.

Indian Energy Exchange | February 06, 2024 | By Abha Rustagi | 1072

Articles

Understanding the Evolving Discourse of Resource Adequacy in India

The peak demand of India has grown at a CAGR of around 5.5% from FY 2009-10 to FY 2023-24. The trend of the growth in peak can be seen in the chart below. During the same period, India has seen its peak deficit & energy deficit reduce from...

Indian Energy Exchange | October 07, 2024 | By News Bureau | 183