Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange
The Indian Energy Exchange (IEX) recorded 48 per cent increase in its power trade volume at 7,093 million units in June compared to the same month a year ago.
Cumulatively, for the first quarter of 2021-22, the Exchange market witnessed a robust performance despite the COVID-induced restrictions, IEX said in a statement.
The electricity market achieved a volume of 21,340 million units (MU) during the first quarter (April-June), registering 44 per cent growth year-on-year.
Amid growing power consumption in the country, distribution utilities and industries are increasingly relying on IEX electricity market to source power in the most competitive, efficient, sustainable, and flexible manner, it stated.
