iex

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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

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Mercom India

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Daily Wrap-up
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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

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Arjun Joshi

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Other

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Renewable Energy
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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

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Satish Shetty

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Markets & Policy

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Other

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Renewable Energy
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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

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Gautamee Hazarika

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C&I

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Open Access

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Renewable Energy
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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

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Arjun Joshi

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Other

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Renewable Energy
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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

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Rakesh Ranjan

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Other

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Renewable Energy
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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

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Arjun Joshi

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Other

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Renewable Energy
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CERC Retains Market Clearing Price Cap of ₹12/kWh in Exchanges for Now

The Central Electricity Regulatory Commission (CERC) passed a suo motu order retaining the ₹12 (~$0.14)/kWh price cap on power exchanges till further notice to ensure...

December 29, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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REC Trading Jumps 31% with Clearing Price of ₹1,000 Under New Regulations

The Renewable Energy Certificates (RECs) trading on Wednesday saw a clearing price of ₹1,000 (~$12.08)/REC being discovered in the first session at the Indian Energy...

December 28, 2022

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Satish Shetty

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Other

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Renewable Energy
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Renewable Energy Trading at IEX Dips 12% in November, Weighted Average Price Rebounds

The Indian Energy Exchange (IEX) traded 354 million units (MU) of renewable energy in November 2022, a 12.2% decrease compared to the 403 MU traded the month before. The...

December 5, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Energy Trading at IEX Down 11% in October, Weighted Average Price Drops

The Indian Energy Exchange (IEX) traded 403 million units (MU) of renewable energy in October 2022, an 11% decrease month-over-month (MoM) compared to 454 MU traded in...

November 4, 2022

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Arjun Joshi

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Other

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Renewable Energy
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IEX Reports 8% YoY Dip in Profit for Q2 FY23, Trades 23.1 BU of Power

The Indian Energy Exchange (IEX) has reported an 8% year-on-year (YoY) decrease in profit after tax from ₹774 million (~$9.34 million) to ₹712 million (~$8.6 million) in...

October 21, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Solar Power Traded at ₹5.05/kWh in Green Term Ahead Market at IEX in September

The Indian Energy Exchange (IEX) traded 454 million units (MU) of renewable energy in September 2022, registering a 4% month-over-month (MoM) growth. However, the total...

October 6, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded...

September 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has granted time for one more year from August 15, 2022, for power exchanges to align their clearing and settlement...

August 16, 2022

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Rakesh Ranjan

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Grid

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Market & Policy

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