Hyderabad-based Nava Bharat Ventures has begun merchant electricity sales from its newly-revived power plant in Odisha. In a stock exchange communication, Nava Bharat Ventures said that it has synchronized to grid its 60-mw power plant and has commenced power Read more
Nepal has become the first country to trade on the newly-launched Cross Border Electricity Trade (CBET) segment of Indian Energy Exchange (IEX). In a release, IEX said that Nepal traded on the day-ahead market of the CBET, on April Read more
Indian Energy Exchange (IEX) has announced commencement of the Cross Border Electricity Trade (CBET) on its platform. This is a first-of-its kind initiative for energy exchanges to expand their power markets beyond India to the South Asia region towards Read more
NLC India, formerly Neyveli Lignite Corporation, has earned gross revenue of Rs.216 crore in FY21 through trading of surplus power on the real-time platform of energy exchanges, the Central PSU in the coal ministry said. In a release, NLC Read more
The electricity market on the Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in March 2021, a release by IEX said. Overall Performance in FY21 Despite subdued electricity demand during the first two quarters of Read more
ndian Energy Exchange (IEX) has announced further divestment of 5 per cent equity stake in Indian Gas Exchange (IGX) to GAIL (India) Ltd. With 15 members and more than 500 registered clients, IGX currently operates from three Read more
Electricity trading on Indian Energy Exchange (IEX) touched 7,434 million units (MU) in January 2021, making it the all-time high monthly volume on IEX. This volume was also 47 per cent higher than in January 2020. Also, “One Nation Read more
Indian Energy Exchange (IEX) has announced the first strategic divestment of shares in Indian Gas Exchange (IGX), its wholly-owned subsidiary and India’s first authorized gas exchange. Adani Total Gas Ltd, and Torrent Gas Pvt Ltd, India’s two leading energy Read more
The electricity market at Indian Energy Exchange (IEX) traded an all-time high volume of 7,260 MU during December 2020, witnessing an 52 per cent year-on-year growth during the month. According to the data published by the National Load Dispatch Read more
The growth in volume of electricity traded on Indian Energy Exchange (IEX) in November 2020 exceeded the comparable growth in national energy consumption. In November 2020, IEX saw electricity volumes of 6164 million kwh (million units of MU) of Read more