Indian Energy Exchange's (IEX) Real Time Electricity Market has accomplished volume of 515.46 MU in the first month of launch. To help the market commence on a great start, the Exchange over last few months, engaged with distribution utilities, power generators as well as commercial and industrial consumers and assisted the stakeholders through capacity building sessions as well as provided technology applications and tools. A total of 237 customers participated in the new market segment during the first month.
Another key highlight of the newly commenced market segment was the single day highest volume of 36.09 MU on June 30, 2020 when 110 customers participated in the various auction sessions held over a day.
IEX is India’s first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
