IEX Power Trade Grows 37 % To 7,322 MU In July

Indian Energy Exchange (IEX) has recorded power trade growth of 37 per cent at 7,322 million units (MU) in July compared same month year ago. The electricity market at the Indian Energy Exchange traded 7,322 MU volume and achieved 37 per cent YoY (year-on-year) growth in July 2021, an IEX statement said. It stated that the day-ahead market traded 4,238 MU volume during the month at the average monthly price at Rs 2.95 per unit. The sell-bids at 2X of the cleared volume ensured ample availability of power and providing…

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