Page 4 - Indian Energy Exchange Iex

Dalmia Cement buys Indian Energy Exchange shares worth over Rs 144 cr

Dalmia Cement (Bharat) Ltd on Wednesday purchased shares of the Indian Energy Exchange (IEX) worth over Rs 144 crore through an open market transaction.

Indian Energy Exchange plans minority stake sale in gas venture: CEO

The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals

Average spot power price drops 29% to 2.35/unit on India Energy Exchange

Average spot power price dropped 29 per cent year-on-year to 2.35 per unit in the day-ahead market in June on India Energy Exchange (IEX)

Power Exchanges start real-time electricity market with 48 auctions a day

Buyers can purchase electricity just an hour in advance; power generators can sell surplus anytime during the day

Discoms can now buy power on exchanges just an hour before delivery

Real time electricity market enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery

Average spot power price dip 25% to Rs 2.42 per unit in April amid lockdown

Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.

Even after partial easing of Covid-19 lockdown, power demand declines 25%

On a weekly basis, electricity generation is down 3% in the last week of April

IEX expects online price of electricity to weaken as fallout of coronavirus

While demand from industry and commerce has reduced owing to the lockdown, it has heightened in many other areas like domestic demand through work from home models

Power demand shows signs of recovery as total generation rises by 11%

Feb recorded second straight month of demand uptick across the country

Manikaran Power becomes the first member of India's gas trading platform

Manikaran Power Ltd joins hands with Indian Gas Exchange

IEX nears record high post December power mkt update, soars 24% in 3 days

After a dip in demand over the last three months, the all-India peak demand in December 2019 rose to 170 GW, up 5 per cent YoY

IEX eyes new tech-based opportunities for next level of efficiency

IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players