Indian Energy Exchange's (IEX) traded electricity volume of 6769 MU (Million Unit) in February 2021 registering a splendid 50% YoY growth. The robust growth in volume indeed indicates that Exchange’s electricity market being clearly positioned as the most preferred option for distribution utilities and the industrial consumers to source electricity for addressing the demand-supply balance as well as to optimize power procurement portfolio at the competitive price and in an utmost flexible and transparent manner.
The national peak demand at 188 GW registered 2.17% YoY growth while the average daily electricity consumption increased 3.31% YOY in February 2021. One Nation One Price prevailed during all 28 days of the month.
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.
Company Name | CMP |
---|---|
NTPC | 335.95 |
Tata Power | 394.15 |
Power Grid Corp | 277.05 |
Adani Power | 533.70 |
Torrent Power | 1343.00 |
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