Indian Energy Exchange trade volume rises 24% to 9,035 mn units in December

Indian Energy Exchange (IEX) has registered a 24 per cent growth in trade volume to 9,035 million units (MU) in December across all market segments.

IEX achieved 9,035 MU volume in December, witnessing 24 per cent year-on-year growth, a company statement said.

According to the statement, IEX traded 9,035 MU cleared volume in December 2021, comprising 7,285 MU in the conventional power market; 365 MU in the green power market and 1,385 MU (13.85 lakh certificates) in the REC (renewable energy certificate) market.

Overall, the exchange achieved 24 per cent year-on-year volume growth in December 2021 across all its market segments, it added.

For the third quarter of fiscal 2022, IEX has recorded 27,677 MU volume and achieved 37 per cent year-on-year growth across all its market segments, it noted.