Indian Energy Exchange electricity trade volumes up 4% at 9,642 MUs in Oct

Quick Summary:

It has achieved electricity traded volume of 9,642 million units (MU) in October 2024, marking a 4 per cent year-on-year increase, IEX said in a statement.A total of 4.44 lakh RECs were traded in the trading sessions held on October 9 and 30 at a clearing price of Rs 110/REC and Rs 120/REC, respectively.

Indian Energy Exchange's (IEX) total trade volume rose 4 per cent year-on-year to 9,642 million units (MU) in October this year.

The Day-Ahead Market (DAM) volume declined 7 per cent to 4,388 MU in October from 4,742 MU volume in the same month last year.

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Category: BusinessFinance

Markets: India

Topics: Trade volumes Electricity Electricity IEX Indian Energy Exchange

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Published On: 2024-11-05 @ 19:00:42 (5 hours ago)

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