According to the power demand data published by the National Load Dispatch Centre, the national peak power demand was at 183 GW while the peak demand and power consumption registered close to 40 per cent YoY growth on a weak base. New Delhi: Continuing its exceptional performance during the last fiscal, the electricity market at […]
IEX Hits Record High After Strong Business Update
Indian Energy Exchange (IEX) rose 2.56% to Rs 396.35 after the electricity market at IEX entered the new fiscal year 2022 with 7707 MU volume in the month of April 21, achieving a 90.2% YoY growth. While the growing electricity consumption has been one of the key factors behind the consistent performance of the exchange […]
Average Spot Power Price up Nearly 53 Pc to Rs 3.70/unit in April at IEX
According to the statement, the rise in price was primarily due to increase in demand and low base. There was a sharp slump in electricity prices in April 2020, due to a stringent nationwide lockdown. The average spot power price rose by nearly 53 per cent to Rs 3.70 per unit in April at the […]