MoneyWorks4Me

IEX achieves 9,707 MU total volume in December

04 Jan 2024 Evaluate

Indian Energy Exchange (IEX) has achieved 9,707 MU overall volume in December 23, including 10.52 lakh Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on Year-on-year (YoY) basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of the fiscal year 2024, IEX achieved 28,326 MU overall volume, registering an increase of 16.9% YoY basis.

IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
View more..