iex

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Daily News Wrap-Up: Subsidy Delays Plague PM Surya Ghar Program

The PM Surya Ghar Program, which aims to install 10 million rooftop solar projects across India, continues to grapple with challenges ranging from subsidy disbursements...

July 4, 2024

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Mercom Staff

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Daily Wrap-up
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Green Energy Trade at IEX Up 173% YoY in June, REC Prices Tumble

The Indian Energy Exchange (IEX) traded 744 million units (MU) of green energy in June 2024, a 173.4% year-over-year (YoY) increase from 272 MU. The segment recorded a...

July 3, 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: India Adds 1.8 of Solar Open Access Capacity in Q1

India added over 1.8 GW of solar open access capacity in the first quarter of the calendar year 2024, a nearly 152% increase year-over-year compared to 722 MW, according...

June 7, 2024

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Mercom Staff

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Daily Wrap-up
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REC Trading on IEX Surges 640% YoY as Price Drops to Record Low

The Indian Energy Exchange (IEX) reported a total traded volume of 10,633 million units (MU) in May 2024, a 28.9% increase from the previous year. A volume of 622.2 MU...

June 6, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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IEX Records 9% Jump in Q4 Profits, Trades 1 BU of Green Energy

The Indian Energy Exchange (IEX) has reported a total income of ₹1.49 billion (~$17.85 million), an increase of 15% year-on-year (YoY) in the fourth quarter (Q4) of the...

May 16, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Green Energy Trade at IEX Up by 44% in April, REC Prices Plummet by 80%

The Indian Energy Exchange (IEX) traded 402 million units (MU) of green energy in April 2024, a 44% year-over-year (YoY) increase from 280 MU. The Exchange, in total,...

May 3, 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: Telangana’s Green Open Access Regulations

Consumers with a contracted or sanctioned load of 100 kW and above, including those combining multiple connections to reach 100 kW within the same electricity division...

April 5, 2024

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Mercom Staff

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Daily Wrap-up
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IEX Trades 3.2 BU of Renewable Energy During FY 2024, Down 38%

The Indian Energy Exchange (IEX) traded 3,227 million units (MU) of renewable energy during the financial year (FY) 2024, a 38% year-over-year (YoY) decrease compared to...

April 4, 2024

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Arjun Joshi

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Other

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Renewable Energy
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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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