SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IEX spot power price slips by 15% to Rs 3 per unit in December

05 Jan 2018 Evaluate

The average Market Clearing Price (MCP) discovered in Indian Energy Exchange (IEX) Spot Power Market for December stood at Rs 3.00 per unit, about 15% lower than the price in November’17 which was Rs 3.55 per unit and 29% above Rs. 2.32 per unit same month last year.

A total of 3,108 MU was cleared, which is about 12% lower than the 3,524 MU traded last month and was almost equivalent to 3,095 MU traded in December’16. On a daily average basis about 100 MU were traded. Average daily sell and buy bids were 209 MU and 123 MU respectively.

The total sell bids during the month were 6,475 MU and the total buy bids were 3,826 MU. On daily average basis 841 participants traded in the day-ahead power market in December’17. 

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×