Indian Energy Exchange total trade volume up 19% to 8.5 bn units in July

The Indian Energy Exchange’s (IEX) total trade volume rose 19 per cent year-on-year to 8,522 million units (MU) in July.

The power exchange had achieved 7,151 MU trade volume in July 2022.

“IEX achieved 8,522 MU overall volume in July 2023, including green market trade of 275 MU, 6.24 Lakh RECs (equivalent to 624 MU) and 70,222 ESCerts (equivalent to 70 MU),” an IEX statement said

The supply scenario continued to ease during the month due to robust coal production, reduction in prices of e-auction coal and imported fuel.

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