Any move below the zero line is inferred as a bearish signal where prices are expected to fall further.
Indian Energy Exchange (IEX) witnessed 41 per cent increase in transaction revenue
The day-ahead market traded 5,699 MU volume in April 2021, achieving a significant 54 per cent YoY growth
Average spot power price rose by 65% to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange mainly due to increase in demand on account of rise in temperature
In the past three months, the stock of IEX has outperformed the market by surging 65 per cent as against a 4.3 per cent rise in the S&P BSE Sensex
IEX announced strategic divestment of 26 per cent of its equity holding in the Indian Gas Exchange (IGX) to the NSE and additional 5 per cent equity holding to ONGC
The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)
Buys stake from Indian Energy Exchange (IEX)
The company's board will, on Thursday, also consider declaration of interim dividend to the members of the company for FY21
A single market-clearing price will not kill competition
The Indian Energy Exchange (IEX) on Tuesday reported 9 per cent decline in consolidated net profit at Rs 44.33 crore for September quarter 2020-21
Dalmia Cement (Bharat) Ltd on Wednesday purchased shares of the Indian Energy Exchange (IEX) worth over Rs 144 crore through an open market transaction.
The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals
Average spot power price dropped 29 per cent year-on-year to 2.35 per unit in the day-ahead market in June on India Energy Exchange (IEX)
Buyers can purchase electricity just an hour in advance; power generators can sell surplus anytime during the day
Real time electricity market enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery
Besides, the power sales volume at 4,052 million units (MU) last month was down 6.6 per cent as compared to the year-ago period, an IEX statement said.
On a weekly basis, electricity generation is down 3% in the last week of April
While demand from industry and commerce has reduced owing to the lockdown, it has heightened in many other areas like domestic demand through work from home models
Feb recorded second straight month of demand uptick across the country