Indian Energy Exchange (IEX) traded 6,540 million units of electricity volume in May, achieving 9 per cent year-on-year growth amid continuation of Covid-19 lockdowns as well the cyclonic disturbances which affected overall power demand in the country.
The national peak demand at 169 GW recorded a 2 per cent growth while the energy consumption at 111 BU saw 8 per cent growth on the weak base, the exchange said on Monday.
The day-ahead market traded 4,364 MU volume in May with average monthly price at Rs 2.83 per unit. The market clearing price saw a steep decline of 24 per cent on month-on-month basis since average monthly price was Rs 3.70 in April.
