Amid increased consumption in India, IEX’s electricity volume up 21%
As the electricity consumption in India jumped in October, the Indian Energy Exchange (IEX) on Monday reported an increase of 21 per cent in its electricity volume to 9,260 million units (MU). In a regulatory filing, the company said that its day-ahead market (DAM) jumped 8.3 per cent to 4,742 MU in October as compared to 4,379 MU in the same month last year.
According to the data for October published by Grid Controller of India Limited (GRID-India), the country’s energy consumption jumped 22 per cent to 139 billion units (BU) as compared to that in 2022.
