RTM
WRES-XXV to be implemented under RTM mode
- Jun 13, 2022
The National Committee on Transmission (NCT) in its latest meeting has approved the implementation of the “Western Region Expansion Scheme – XXV” under the regulated tariff mechanism (RTM) route. The scheme, costing about Rs.210 crore, needs to be completed Read more
IEX records 29 per cent year-on-year volume growth in February 2022
- Mar 3, 2022
Indian Energy Exchange (IEX) achieved 8,760 MU volume in February 2022 comprising 7,695 MU in the conventional power market, 453 MU in the green power market and 612 MU in the REC Market. Overall, IEX achieved 29 per Read more
PGCIL set to easily surpass FY22 capex target
- Feb 14, 2022
Power Grid Corporation of India Ltd (PGCIL) is very likely to surpass the capital expenditure target for FY22, given its performance in the first three quarters of the year. In an investor presentation, PGCIL said that it has planned Read more
IEX trading volume clocks 24 per cent y-o-y growth in December 2021
- Jan 6, 2022
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more
Power transmission projects worth nearly Rs.16,000 crore approved
- Dec 9, 2021
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
Tata Power, BluWave~ai join forces for AI-enabled energy optimization in Mumbai
- Oct 6, 2021
Tata Power has signed a three-year commercial agreement with BluWave~ai, the world’s first renewable energy artificial intelligence (AI) company. This agreement comes at the conclusion of a successful trial project during which Tata Power evaluated the performance of the Read more
IEX trading volume records 37 per cent year-on-year growth in July 2021
- Aug 5, 2021
The electricity market on the Indian Energy Exchange (IEX) recorded a trading volume of 7,322 MU in July 2021, registering a 37 per cent year-on-year growth. An IEX release, quoting statistics published by National Load Dispatch Centre (NLDC), said Read more
RTM emerges as fastest growing market on IEX
- Jul 23, 2021
The real time market (RTM) segment has emerged as one of the fastest growing markets on the Indian Energy Exchange (IEX), a release by IEX said. The RTM platform completed its first year of existence on June 1, 2021, Read more
IEX trading volume records 9 pc growth in May 2021
- Jun 7, 2021
Indian Energy Exchange (IEX) traded 6540 MU of electricity volume in May 2021, recording a 9 per cent year-on-year growth, an IEX release said. May 2021 marked continuation of the COVID-19 lockdowns as well the cyclonic disturbances which affected Read more
PGCIL accords investment approvals worth over Rs.2,000 crore
- May 24, 2021
Power Grid Corporation of India Ltd (PGCIL) has accorded approval to investment of over Rs.2,000 crore, on various projects. The total investment approved stood at Rs.2,202.30 crore. Of this, an amount of Rs.1,761.30 crore was approved by the PGCIL Read more