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Solar and Wind takes a leap ahead in the power war against coal

The battle between clean energy and dirty coal has entered a new phase. The International Energy Agency (IEA), an industry forecaster, this week reported that in 2015 for the first time renewable energy passed coal as the world’s biggest source of power-generating capacity. The IEA, whose projections for solar and wind energy have in the […]

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Solar Rooftop Market in India to Grow at 60% Till 2021: TechSci Research

TechSci Research in its latest report  “India Solar Rooftop Market By State, By End User , By Connectivity, Forecast and Opportunities, 2021” has revealed that with increasing number of government initiatives coupled with favorable policy environment will boost solar rooftop market in India through 2021. India’s solar power potential within the country’s geographical limits is […]

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IEX Results- PAT Up 22% In FY25, Traded Electricity Volume Rises 19%

The Indian Energy Exchange (IEX) has announced its Q4 results and full year numbers for FY25. India’s largest  power exchange reported an 18.7% rise in electricity traded volumes, that powered a 19.3% rise in consolidated revenues and 22.3% rise in net profits as well. Consolidated Revenue in FY’25 increased to Rs 657.4 Cr from Rs […]

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FY 25: IEX Registers 121 Billion Units of Power Traded

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 % […]

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Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX

Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […]

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December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit

Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […]

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November Power Trading- Electricity Prices Drop17% YoY

Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase.  During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […]

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MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […]

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Q1 Results: IEX Registers 26% Growth In Net Profits On YoY

Indian Energy Exchange (IEX) has published its financial results for Q1 of FY25. The latest filing by the energy exchange at BSE revealed that the company registered a 26 percent growth in its net profits on a Year-on-year (YoY) basis. However, its net profits on Quarter-on-Quarter (QoQ) basis plunged by 1.8 percent. The company reported […]

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