Electricity volume traded at IEX increase by 37 per cent in 2020-21

During 2020-21, Indian Energy Exchange (IEX)recorded the highest ever yearly electricity volume of 73,941 MU, an increase of 37 per cent on a year-on-year basis. 

The average yearly price forDay Ahead Market (DAM) stood at Rs 2.82 per unit during the year, recording a decline of 6.2 per cent. Meanwhile, the DAM traded 6,549 MUs in March 2021, a 65 per cent increase over the corresponding period of the previous year. The increase can be attributed mainly to increase in demand due to rise in temperature and revival of economic activities. The average monthly price at Rs 4.06 per unit during the month saw a 20 per cent increase over the corresponding period of the previous year.