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IEX’s electricity market trades 7707 MU in April

06 May 2021 Evaluate

The electricity market at Indian Energy Exchange (IEX) has entered the new fiscal year 2022 with 7707 MU (Million Unit) volume in the month of April 2021, achieving a 90.2% YoY growth. The national peak power demand at 183 GW while the peak demand & power consumption registered close to 40% YoY growth on a weak base.

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.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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