OTHER GROUP COMPANIES
market

Indian Energy Exchange logs 8267 MU volume in June 2022; stock skids ~3%

Prices in the Day-Ahead market fell to Rs6.49 per unit in June 22 from Rs6.76 in May 22, on the back of improved supply-side availability.

July 05, 2022 3:31 IST | India Infoline News Service
Indian Energy Exchange recorded 8267 MU volume in June'22, with 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, representing a 17% yoy growth in the volume across all market segments.

Prices in the Day-Ahead market fell to Rs6.49 per unit in June 22 from Rs6.76 in May 22, on the back of improved supply-side availability.

According to the National Load Dispatch Center's power demand data, during June 22, energy consumption stands at 134 BU increased by 17% yoy on a high base, while the national peak demand was at 212 GW increasing by 11% yoy.

IEX achieved 23,437 MU volume across all segments in the first quarter of the fiscal year 2023, representing a 10% yoy growth.

The Electricity Day-Ahead market during the month, recorded market volume at 4085 MU decreased by 5% yoy while increasing by 29% MoM. In June, the average market clearing price was Rs6.49 per unit.

The Electricity Day-Ahead market traded 759 MU during the month, registering a growth of 18% yoy.

The Real-time Electricity Market achieved growth of 28% yoy at 2214 MU volume during the month.

The Green Day-Ahead Market achieved 362 MU volume during the month. While Green Term-Ahead Market recorded 173 MU volume.

Indian Energy Exchange ended at Rs154.05 down by Rs4.7 or 2.96% from its previous closing of Rs158.75 on the BSE.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity