IEX trades monthly volumes of 7,260 MU, registering 52 per cent y-o-y growth in December 2020

The electricity market at the Indian Energy Exchange (IEX) traded an all-time high volume of 7,260 MUs during December 2020 witnessing an 52 per cent year-on-year (YoY) growth during the month. .

The day-ahead market traded 5,606 MUs of electricity and registered 29 per cent YoY growth during the month. The total sell bids at 10,814 MUs were almost twice that of the cleared volume implying ample availability of the power in the market. This led to an average market clearing price of Rs 2.83 per unit which saw 3 per cent yo-Y decline. The real-time market registered an all-time high-volume of 1,129 MUs in December 2020 since commencement and achieved 26 per cent month-on-month growth in volume.

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