IEX achieves 15.9% growth in electricity traded volumes in Q1 FY27
India, July 6 -- Indian Energy Exchange for the first quarter of the fiscal year 2027, achieved electricity traded volume of 37,534 MU, marking a 15.9% year on year increase. The Market Clearing Price in the Day-Ahead Market at Rs 5.1/unit during Q1 FY'27 increased 15.7% compared to Q1 FY'26. Similarly, the Market Clearing Price in the Real-Time Market at Rs 4.5/unit during Q1 FY'27 increased 13.8% compared to Q1FY'26. A total of 9.77 lakh Renewable Energy Certificates were traded during the quarter, though REC volumes declined 81.4% year-on-year.During the first quarter of this financial year, India experienced hotter-than-normal summer marked by persistent heatwaves and above-normal temperatures and India's peak power demand surged to an ...
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