IEX power trade volume grows 17 per cent to 8,267 MUs in June 2022

Indian Energy Exchange (IEX) Limited has registered a 17 per cent year-on-year growth in trade volume across all market segments by achieveing 8,267 million units (MUs) in June 2022 from 7,093 MUs in the year-ago period.

The total volume achieved in June 2022 comprises 7,058 MUs in the conventional power market, 536 MUs in the green power market, and 673 MUs in the renewable energy certificate market. Owing to improved supply-side availability, the prices at the day ahead market reduced to Rs 6.49 per unit in June 2022 from Rs 6.76 in May 2022. For the first quarter of fiscal 2023, IEX achieved 23,437 MUs volume across all segments, witnessing a 10 per cent year-on-year growth across all its market segments.