iex

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IEX Trades 298 MU Green Energy in February, REC Volume Falls 60% MoM

The Indian Energy Exchange (IEX) traded 298 million units (MU) of green energy during February 2024, a 12.61% year-over-year (YoY) drop from 341 MU. The green energy...

March 7, 2024

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Satish Shetty

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Other

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Renewable Energy
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No Manual Bids, Follow Strict Trading Hours: CERC to Power Exchanges

The Central Electricity Regulatory Commission (CERC)  has ordered a comprehensive audit of all three power exchanges in the next six months and the elimination of manual...

February 23, 2024

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Satish Shetty

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Grid

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Market & Policy
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CERC to Run Market Coupling Shadow Pilot on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has authorized a shadow pilot on power systems and cost optimization through a market coupling of various segments...

February 20, 2024

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Satish Shetty

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Markets & Policy

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Renewable Energy
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IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY

The Indian Energy Exchange (IEX) traded 1.52 million renewable energy certificates (RECs), equivalent to 1,520 million units (MU), in January 2024 at a clearance price...

February 6, 2024

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Arjun Joshi

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Other

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Renewable Energy
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IEX Records 19% Jump in Q3 Profits, Trades 400 MU of Green Energy

The Indian Energy Exchange’s (IEX) profit after tax (PAT) demonstrated an uptrend, with an 18.9% year-over-year (YoY) increase, soaring to ₹918 million (~$11 million) in...

January 25, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC’s 1,500 MW Solar Auction Results

Anboto Solar (Solarpack), Apraava Energy, Avaada Energy, and ReNew Solar Power (ReNew) were declared winners in NTPC’s auction to set up 1,500 MW of interstate...

January 5, 2024

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Mercom Staff

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Daily Wrap-up
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Renewable Energy Trading on IEX Fell 38% YoY in December to 232 MU

The Indian Energy Exchange (IEX) traded 232 million units (MU) of green energy in December 2023, a 38% year-over-year (YoY) drop from 377 MU. The segment achieved a...

January 4, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Investments in Indian Solar Sector Down 22% YoY in Q3

Investments in the Indian solar sector in the third quarter of the calendar year 2023 totaled $1.57 billion (~₹129.86 billion), a 22% year-over-year decrease from $2.02...

December 6, 2023

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Mercom Staff

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Daily Wrap-up
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Green Energy Trade at IEX Continues to Dip, 189 MU Traded in November

The Indian Energy Exchange (IEX) traded 189 million units (MU) of green energy during November 2023, a 46.61% year-over-year (YoY) drop from 354 MU. Green energy trade...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy
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Green Energy Trading Takes a Hit in 2023

Renewable energy trading at the Indian Energy Exchange (IEX) in 2023 so far has seen a considerable drop compared to 2022, with the traded energy reaching its lowest in...

November 27, 2023

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Satish Shetty

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Mercom Research Focus

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Other

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Renewable Energy
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IEX Records Lowest Green Energy Trade in 2023 at 188 MU in October, 53% YoY Drop

The renewable energy units traded at the Indian Energy Exchange (IEX) in October 2023 dropped further to 188 million units (MU), the lowest recorded in 2023, a 53.35%...

November 9, 2023

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: NHPC’s Tender for 1.5 GW of Wind-Solar Hybrid Project

NHPC has invited bids to set up 1,500 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects anywhere in India. The last day to submit...

November 6, 2023

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Mercom Staff

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Daily Wrap-up
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IEX Records 21% Jump in Profits, Green Energy Trade Drops 50% YoY

The Indian Energy Exchange (IEX) has recorded a profit after tax (PAT) of ₹865 million (~$10.39 million) for the second quarter (Q2) of the financial year (FY) 2023-24,...

November 3, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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CERC Allows Fortnightly Trading of Renewable Energy Certificates for Six Months

The Central Electricity Regulatory Commission (CERC) has directed the Grid Controller of India (Grid-India) to organize two Renewable Energy Certificate (REC) trading...

October 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Trading on IEX Declined by 49% YoY in September 2023

The Indian Energy Exchange (IEX) traded 230 million units (MU) of renewable energy in September 2023, a year-over-year (YoY) decline of 49.3% from 454 MU and a 5% drop...

October 5, 2023

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Rakesh Ranjan

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Other

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Renewable Energy

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