Tags: Indian Energy Exchange

IEX introduces new contracts to enable renewable energy trade on the same day

The Indian Energy Exchange recently announced the expansion of its delivery based Green Market with the launch of two new products – Green Daily Contract and Green Weekly Contract. In a Circular issued by the Exchange, it has confirmed that trading in the new contracts in both solar and non-solar segments will commence with immediate […]

Read more

Amplus becomes first solar generator to trade on IEX’s GTAM

Days after the launch of India’s first ever Green Term-Ahead Market (GTAM) introduced by Indian Energy Exchange (IEX), Amplus Solar sold solar electricity in the open market on 20th August 2020, becoming the first solar generator to trade on GTAM under the new Central Electricity Regulatory Commission (CERC) norm. IEX launched the GTAM on its power […]

Read more

Renewable Energy Certificate sales declined by 29 per cent in January

In January this year the sales of renewable energy certificates declined by 29 per cent to 5.7 lakh units as compared to 8.05 lakh in the same month a year ago due to lower supply, according to official data. Total 3.63 lakh RECs were traded on Indian Energy Exchange (IEX) in January compared to 6.44 […]

Read more

Sales of REC dropped by over 47 per cent in June

Sales of renewable energy certificates (REC) dropped by over 47 per cent to 4.3 lakh units in August as compared to 8.19 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the […]

Read more

Average spot power price falls 19 per cent to Rs 3.22 a unit in April

Average spot power price at the Indian Energy Exchange (IEX) declined 19 per cent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on the supply side. “The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 per cent […]

Read more

Sale of REC dropped by about 65 per cent to 3.68 lakh units in April: Report

Sales of renewable energy certificates dropped by about 65 per cent to 3.68 lakh units in April as compared to 10.62 lakh in same month last year due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are […]

Read more

Sale of RECs on IEX, PXIL rose 10.65 per cent to 5.59 lakh in December

Sales of renewable energy certificates (RECs) rose 10.65 per cent to 5.59 lakh units in December on the IEX and the PXIL as against the previous month, according to official data. The sales in November had stood at 5.05 lakh units. The renewable purchase obligation (RPO) is mandated by the central and state electricity regulatory […]

Read more

Renewable energy certificates sales on IEX, PXIL down 49.34 pc at 8.19 lakh in August

Sales of renewable energy certificates (RECs) declined by 49.34 per cent to 8.19 lakh units on the Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) in August, compared to 16.18 lakh in July this year. The Renewable Purchase Obligation (RPO) is mandated by central/state regulatory commission and is applicable to power distribution companies, […]

Read more

7.18 lakh renewable energy certificates (RECs) were traded in May: IEX

Power exchange IEX recently said a total of 7.18 lakh renewable energy certificates (RECs) were traded in May. “In the trading session held on May 30 2018, the Indian Energy Exchange (IEX) saw total trade of 7.18 lakh RECs comprising 3.24 lakh non-solar and 3.94 lakh solar RECs,” it said in a statement. Power distribution […]

Read more

Sales of renewable energy certificates jumped up to 42 per cent in April

Sales of renewable energy certificates (RECs) jumped 42 per cent in April to 10.62 lakh units on the Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) compared to 7.46 lakh in the same month a year ago, as per official data. The Renewable Purchase Obligation (RPO) is mandated by central/state regulatory commission and […]

Read more