Iex

IEX reports 16% rise in energy trade to 35,217 mn units in Sep quarter

Energy Exchange IEX on Monday reported a 16.1 per cent year-on-year rise in electricity trade volumes at 35,217 million units (MUs) for the September quarter. During the quarter, the Indian Energy Exchange (IEX) traded 44.22 lakh renewable energy certificates, recording a 30 per cent year-on-year decline. In July-September, increased hydro, wind and coal-based generation resulted in higher liquidity on the exchange, which led to a substantial drop in DAM and RTM prices. The market-clearing price in the day-ahead market (DAM) declined 12.5 per cent year-on-year to Rs 3.93 per unit in Q2 FY26. Similarly, the market-clearing price in the real-time market (RTM) fell 16.1 per cent to Rs 3.51 per unit in Q2 FY26. On August 25, heavy rains boosted liquidity, driving the average RTM price to near zero (Rs 0.01/kWh), discovered in a single time block (07:45 am to 8:00 pm). The DAM, including registered total volumes of 14,534 MU during Q2 FY26, increased by 1.4 per cent. The segment acco

IEX sees record-high volume in July; electricity prices continue to drop

Electricity traded on IEX rose 25.5% to 12,664 MU in July, led by higher supply; average Day-Ahead and Real-Time prices dropped despite strong demand and market reforms

IEX shares spike 13% on posting healthy Q1 nos; PAT up 25%, revenue 15%

IEX shares zoomed 12.8 per cent in trade on Friday, logging an intra-day high at ₹149.45 per share on BSE after the company posted its Q1 numbers

IEX shares crash 10% on market coupling buzz; what should investors do?

The sudden decline in IEX share price came amid a report that Power Ministry apprise all the relevant stakeholders on market coupling and its benefits

MCX hits life high on Sebi's nod to launch electricity futures; IEX up 4%

MCX share price rose 7 per cent after market regulator Securities and Exchange Board of India (Sebi) approved the launch of Electricity Derivatives Contract; what does this mean to IEX?

IEX expects double-digit volume growth in FY26, driven by strong liquidity

Indian Energy Exchange, the country's leading electricity exchange, is expected to log a double-digit volume growth in the current financial year that started in April, on the back of increasing sell side liquidity and launch of new products, according to analyst reports post IEX's FY25 earnings. The current financial year is likely to see a capacity addition of 11 GW on thermal side and up to 40 GW on renewable side that is expected to keep supply-side liquidity on exchanges strong, thereby driving down price discovery in key trading segments like Day Ahead Market and Real Time Market (RTM). According to analysts, introduction of new products like green RTM and long-duration contracts (LDC) of up to 11 months will further add to volumes on IEX. In 2024-25, IEX logged the highest-ever traded electricity volume of 121 billion units (BUs), up 18.7 per cent year on year. "Approval for 11-month LDC contracts, green RTM, private participation in selling un-requisitioned surplus on ...

Indian Energy Exchange Q4 results: Net profit rises over 21% to Rs 117 cr

Indian Energy Exchange (IEX) on Thursday posted a rise of over 21 per cent in consolidated net profit to Rs 117.11 crore in March quarter of FY25 compared to a year ago, mainly on the back of higher revenues. It had reported a consolidated net profit of Rs 96.68 crore in the quarter ended on March 31, 2024, a regulatory filing showed. Total income in the reporting quarter rose to Rs 174.59 crore from Rs 149.28 in the same period year ago. During the 2024-25 fiscal, the consolidated net profit of the company rose to Rs 429.16 crore compared to Rs 350.78 crore in the preceding financial year. Total income in the fiscal rose to Rs 657.36 crore from Rs 550.84 crore in 2023-24. The board of directors has recommended the final dividend of Rs 1.50 per equity share having a face value of Re one each for the financial year ended March 2025. The board has fixed May 16, 2025 as the 'record date' to ascertain the eligibility of shareholders for payment of final dividend, it said. The final

IEX reports 19% rise in trade volume at 121 billion units in FY25

The Indian Energy Exchange (IEX) registered 19 per cent year-on-year rise in trade volume to 121 billion units (BUs) in FY25, a company statement said on Friday. A total of 178 lakh renewable energy certificates (REC) were traded during the year, marking twofold rise as compared to the previous year, it said. The next REC trading sessions at the exchange are scheduled for April 9 and April 30. In March 2025, IEX achieved the highest-ever monthly electricity traded volume of 11,215 million units (MUs), posting 29 per cent increase year-on-year. A total of 13 lakh RECs were traded during the month, up 18 per cent over March 2024. In the electricity market, the day-ahead market (DAM) achieved 61,311 MU in FY25, as compared to 53,353 MU in FY24, a rise of 15 per cent. In March, the DAM volume increased by 19 per cent to 5,547 MU from 4,654 MU in the same month last financial year. The real-time electricity market (RTM) volume increased by 29 per cent to 38,898 MU in FY25 from 30,125

IEX achieves highest monthly electricity traded volume of 11,132 MU in Dec

Indian Energy Exchange (IEX) on Monday said it has achieved its highest-ever monthly electricity traded volume of 11,132 Million Unit (MU) in December, marking a 29 per cent increase on a year-on-year basis. During the month, IEX traded 16.62 lakh renewable energy certificates, recording a 58 per cent year-on-year (Y-o-Y) increase, an IEX statement said. For the nine months of the fiscal 2025, IEX achieved electricity traded volume of 88,981 MU, marking a 19 per cent Y-o-Y increase, according to the statement. For the third quarter of the fiscal 2025, IEX achieved electricity traded volume of 30,464 MU, marking a 16 per cent Y-o-Y increase. During the quarter, IEX traded 26.52 lakh renewable energy certificates, recording a 31 per cent Y-o-Y increase. During the month, the Day Ahead Market segment at IEX recorded a 57 per cent Y-o-Y increase in supply-side volumes. This rise in supply helped moderate prices. For the month of December 2024, the Market Clearing Price in the Day Ahea

IEX trade volume increases nearly 21% to 11,370 million units in September

Indian Energy Exchange's (IEX) total trade volume rose 24 per cent year-on-year to 11,370 million units (MU) in September this year. The electricity volume increased 21 per cent year-on-year to 10,332 MU in September, an IEX statement said on Monday. According to the statement, IEX achieved total monthly (trade) volume (including certificates) of 11,370 MU in September 2024, marking a 24 per cent year-over-year increase. The Renewable Energy Certificates (REC) at 1,031 MU, increased 100 per cent year-on-year. At Rs 110 per certificate, the REC market recorded an all-time low price in the trading session held on September 25, 2024. These prices provide an opportunity to obligated entities (DISCOMS and Captive Power Producers) to meet their Renewable Purchase Obligations, and voluntary customers to meet their sustainability aspirations. With a steady monsoon in September, there was a significant rise in hydro and wind power generation, which led to a substantial drop in Day-Ahead Ma

IEX trade volume increases by nearly 36% to 12,040 mn units in Aug

Indian Energy Exchange (IEX) total trade volume rose 35.8 per cent year-on-year to 12,040 million units (MU) in August this year. The electricity volume increased 17.1 per cent year-on-year to 9,914 MU in August, an IEX statement said. According to the statement, IEX achieved total (trade) volume (including certificates) of 12,040 MU in August 2024, marking a 35.8 per cent year-over-year increase. The renewable energy certificates (REC) at 2,116 MU, increased 737.4 per cent year-on-year. At Rs 115 per certificate, the REC market recorded an all-time low price in the trading session held on August 28, 2024. These prices provide an opportunity to obligated entities (DISCOMS and Captive Power Producers) to meet their renewable purchase obligations, and voluntary customers to meet their sustainability aspirations. As the monsoon gained momentum in August, there was a substantial increase in hydro and wind power generation, enhancing the overall availability of renewable energy in the

IEX total volume rises 56% YoY to 13,250 MU in July; stock trades flat

In July 2024, the Indian Energy Exchange (IEX) set a new record with the highest total trading volume, including certificates, reaching 13,250 MU. The figure marks an approximately 56% increase Y-o-Y.

These are top picks by Osho Krishan of Angel One for August 05

IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.

IEX share price up 3% on strong Q1 update; electricity volumes jump 25%

The rise in the share price came after IEX announced a strong Q1 power market update

IEX overall trade volume rises 19% to 28,178 million units in Apr-Jun

The Indian Energy Exchange (IEX) on Tuesday posted a 19 per cent growth in its overall trade volume to 28,178 million units in the April-June period of FY25. The exchange achieved 23,680 million units (MU) overall trade volume in the year-ago period. "For the first quarter, IEX achieved electricity volume of 28,178 MU, an increase of 19 per cent year-on-year (y-o-y). Total volume for the quarter, including certificates, was at 30,354 MU, up 20.8 per cent from 25,125 MU in Q1 FY24," it said. In June alone, volume trade was 10,185 MU, 24.7 per cent higher from 8,168 MU in June 2023. The total volume in the month, including certificates, increased 19.4 per cent to 10,677 MU from 8,946 MU a year ago. Hot weather conditions led to an unprecedented surge in electricity demand during the first quarter of this financial year. The country's energy consumption of 452 BUs in Q1 FY25 was 11.2 per cent higher compared to Q1 FY24. During the quarter, the country's peak demand reached 250 GW, ..

IEX Q4 results: Net profit rises 9.5% to Rs 97 cr on higher income

The Indian Energy Exchange (IEX) has posted a 9.5 per cent rise in consolidated profit after tax at Rs 96.7 crore for the March 2024 quarter on account of higher income. It had clocked Rs 88.34 crore profit after tax (PAT) during the fourth quarter of the last fiscal, the company said in an exchange filing on Wednesday. The company's total income rose to Rs 149.28 crore, from Rs 129.58 crore in January-March FY23. During the period under review, its expenses stood at Rs 22.65 crore, as against Rs 19.52 crore a year ago. In FY24, the consolidated PAT rose 14.7 per cent to Rs 350.78 crore, from Rs 305.88 crore in FY23. Income for the full year was at Rs 550.84 crore, up from Rs 474.10 crore. The Board of Directors of the company announced a final dividend of Rs 1.50 for FY24. Sharing business updates, IEX said 110.1 billion units of electricity traded on its platform during the fiscal year 2023-24, registering a year-on-year (y-o-y) increase of 13.7 per cent. The DAM (day-ahead ma

IEX overall trade volume rises 14% to 9,044 million units in April

The Indian Energy Exchange (IEX) posted 14.1 per cent growth in its overall trade volume at 9,044 million units in April as compared to the year-ago period. The exchange achieved 7,928 MU overall trade volume in April 2023, including green market trade of 280 MU, 1.99 lakh RECs (renewable energy certificates equivalent to 199 MU) and 1.23 lakh ESCerts (energy savings certificates equivalent to 123 MU), as per IEX data. RECs at 618 MU increased 211 per cent YoY (year-on-year). At Rs 204 per certificate, the REC market recorded an all-time low price in the trading session held on April 24, 2024, a statement said. REC prices declined 80 per cent YoY. These prices provide an opportunity to obligated consumers to meet their Renewable Purchase Obligations, and voluntary customers to meet their sustainability aspirations. The Market Clearing Price in Day Ahead Market (DAM) during April 2024 at Rs 5.1/unit reduced approximately 6 per cent year-on-year. The sell bids on the exchange (Day

Energy trade volume up 14%, hits all-time high of 110 bn units in FY24: IEX

Energy trading platform IEX on Thursday said it has logged the highest-ever trade volume of 110 billion units (BU) in the fiscal year 2023-24, registering a growth of nearly 14 per cent year-on-year. The total trade volume has crossed the 100 BU-mark for the first time in FY24, the exchange said. IEX (Indian Energy Exchange) achieved 110 BU total trade volume in FY24, registering an increase of 13.8 per cent on a Y-o-Y basis, according to a statement. Giving segment-wise break-up, it said that 75.39 lakh RECs (Renewable Energy Certificates), equivalent to 7,539 million units, were traded during FY24, registering an increase of 26 per cent year-on-year. The government undertook several measures which led to a better supply scenario in the country, as a result of which the sell side liquidity improved on the exchange, it said. During the year, the sell liquidity on the exchange increased by 16.9 per cent Y-o-Y, which led to a decline in the DAM (day ahead market) prices by 12 per ce

Amid increased consumption in India, IEX's electricity volume up 21%

According to the data for October published by GRID-India, the country's energy consumption jumped 22 per cent to 139 billion units as compared to that in 2022

Stocks to Watch: Tata Motors, Adani Green, IEX, Concor, Gujarat Gas, Atul

Stocks to watch on November 3, 2023: Atul's board meeting will be held on November 07 to consider a buyback proposal