The Indian Energy Exchange (IEX) traded 6540 MU (Million Unit) of electricity volume in May '21 achieving 9% YoY growth amidst continuation of the COVID-19 lockdowns as well the cyclonic disturbances which affected the overall power demand in the country. The national peak demand at 169 GW recorded a 2% YoY growth while the energy consumption at 111 BU saw 8% YoY growth on the 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.
