FY 25: IEX Registers 121 Billion Units of Power Traded Updated On Fri, Apr 4th, 2025 by Saurenergy In its March update, Indian Energy Exchange, has achieved its highest ever electricity traded volume of 121 BUs in FY’25, registering an increase of 19% Year-Over-Year (YoY). IEX also recorded the highest-ever yearly trade of RECs in FY’25. A total of 178 lakh Renewable Energy Certificates were traded during the year, marking a 136 % […] Read more
India Sees Second Largest Rise In Energy Demand Globally: IEA Updated On Tue, Mar 25th, 2025 by Saurenergy A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […] Read more
IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8% Updated On Fri, Jan 24th, 2025 by Saurenergy Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […] Read more
Co-located Solar & BESS To Reduce Power Shortages: Report Updated On Fri, Aug 2nd, 2024 by Saurenergy A latest report from the India Energy Climate Center (IIEC) said that co-located solar and battery energy storage system (BESS) deployment can help India avoid the likely electricity shortages in the years to come. The public policy think tank at the University of Berkeley, also stated in its report that due to the rapid electricity […] Read more
Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
Re-strategizing To Meet The Growing Demand For Power Updated On Mon, Feb 5th, 2024 by Saurenergy Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […] Read more
Solar Delivered 15% Of 201 GW Peak Demand On April 26 Updated On Fri, Apr 29th, 2022 by Saurenergy Renewable energy has come to the rescue during the ongoing power crisis triggered by surging demand amid the heat wave condition in the country, especially when the peak electricity supply hit the record level of 201.06 GW earlier this week, a senior official said on Thursday. The maximum pan-India power demand met or the highest […] Read more
