iex

thumbnail
Daily News Wrap-Up: Cost of Solar Projects Falls for First Time in 11 Quarters

The average cost of large-scale solar projects during the first quarter of the calendar year 2023 decreased by 5% quarter-over-quarter for the first time in 11 quarters,...

June 7, 2023

/

Mercom India

/

Daily Wrap-up
thumbnail
IEX Trades 358 MU of Green Energy in May 2023, a 44% YoY Drop

The Indian Energy Exchange (IEX) traded 358 million units (MU) of renewable energy during May 2023, a 28% increase from 280 MU traded in April and a 44% year-over-year...

June 6, 2023

/

Satish Shetty

/

Other

,

Renewable Energy
thumbnail
IEX’s Revenue for FY23 Dips 2% YoY to ₹4.7 Billion, Trades 97 BU

The Indian Energy Exchange (IEX) has reported a profit after tax (PAT) of ₹883 million (~$10.7 million), a slight decrease of 0.1% year-on-year (YoY) in the fourth...

May 26, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
CERC Approves Introduction of Ancillary Services Segment on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the Tertiary Reserve Ancillary Services (TRAS) market segment on all three power...

May 5, 2023

/

Rakesh Ranjan

/

Grid

,

Market & Policy
thumbnail
IEX Trades 280 MU of Green Energy in April 2023, Down 16% YoY

The Indian Energy Exchange (IEX) traded 280 million units (MU) of renewable energy in April 2023, a decline of 16% year-over-year (YoY) and 28% month-over-month. The...

May 4, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Solar Tenders Surge and Auctions Decline in Q1 2023

Solar tenders floated by various agencies in India rose 43% quarter-over-quarter to 13.8 GW in the first quarter (Q1) of 2023, according to Mercom India Research. The...

April 6, 2023

/

Mercom India

/

Daily Wrap-up
thumbnail
IEX Trades 5,206 MU of Renewable Energy During FY23, Up 7% YoY

The Indian Energy Exchange (IEX) traded 5,206 million units (MU) of renewable energy during the financial year (FY) 2023, a 7.3% year-over-year (YoY) increase. The...

April 5, 2023

/

Satish Shetty

/

Other

,

Renewable Energy
thumbnail
CERC Orders Changes in Power Exchanges’ Bidding Software to Cut Power Cost

The Central Electricity Regulatory Commission (CERC) has directed all power exchanges to redesign their bidding software to allow members to quote prices within a...

April 4, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Thermal Plants Must Install 40% Renewable Power Capacity

The Ministry of Power has announced that any coal or lignite-based thermal generation station coming up on or after April 1, 2023, must either install or procure...

March 7, 2023

/

Mercom India

/

Daily Wrap-up
thumbnail
IEX Traded 341 MU of Green Energy in February 2023, Down 25% YoY

The Indian Energy Exchange (IEX) traded 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) compared to 347 MU traded in...

March 6, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
IEX Traded 347 MU of Green Energy in January 2023, Up 24% YoY

The Indian Energy Exchange (IEX) traded 347 million units (MU) of renewable energy in January 2023, an increase of 24% year-over-year (YoY). However, the volume declined...

February 6, 2023

/

Satish Shetty

/

Markets & Policy

,

Other

,

Renewable Energy
thumbnail
Vedanta to Source 691 MW of Renewables Through Open Access

The Vedanta Group said it will source 600 MW of solar and 91 MW of hybrid renewable power through open access under the captive mode for its various operations across...

January 30, 2023

/

Gautamee Hazarika

/

C&I

,

Open Access

,

Renewable Energy
thumbnail
IEX Reports 4.4% YoY Dip in Profit for Q3 FY23, Trades 23 BU of Power

The Indian Energy Exchange (IEX) has reported a 4.4% year-on-year (YoY) decrease in profit after tax (PAT) from ₹807 million (~$9.94 million) to ₹772 million (~$9.51...

January 23, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Renewable Energy Trading on IEX Increases by 6% MoM in December

The Indian Energy Exchange (IEX) traded 377 million units (MU) of renewable energy in December 2022, an 6% increase month-over-month (MoM) compared to 354 MU traded in...

January 3, 2023

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
CERC Allows Hydropower Contracts in Green Term-Ahead Market on HPX

The Central Electricity Regulatory Commission (CERC) has approved Hindustan Power Exchange’s (HPX) plea for the introduction of hydropower contracts in the Green...

January 3, 2023

/

Rakesh Ranjan

/

Other

,

Renewable Energy

1

2

3

...

9