Indian Energy Exchange has achieved 27 billion units (BU) volume in the March 2022 quarter i.e. rose by 20.5% year-on-year. Trade volume at IEX stood at 22.4 BU in the quarter ended March 31, 2021. In 2021-22, the trade volume increased by 36.5 to 102 BU from 74.7 BU in 2020-21. The volume growth was largely driven by increasing demand for electricity, flexible and efficient procurement at the competitive prices offered by the exchange, besides significant traction by the new market segments.
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.
