Deals7 Oct 2024, 12:30 pm
IEX Achieves 11,370 MU Total Volume in September'24, Highest Ever Monthly Volume of 3,913 MU in RTM
AI Summary
Indian Energy Exchange (IEX) achieved a total monthly volume of 11,370 Million Units (MU) in September'24, marking a 24% year on year increase. The electricity volume, including green electricity volume, during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. The RTM achieved highest ever monthly volume of 3,913 MU in September'24, from 2,923 MU in September'23, registering an increase of 34% YoY. The DAM price during September at Rs 4.18/unit, declined 33% YOY. The REC market recorded an all-time low price in the trading session held on 25th September 2024 at Rs 110 per certificate.
Key Highlights
- IEX achieved 11,370 MU total volume in September'24, an increase of 24% YOY
- Highest ever monthly volume of 3,913 MU in RTM, an increase of 34% YOY
- DAM price during September at Rs 4.18/unit, lower by 33% YOY
- REC market recorded an all-time low price in the trading session held on 25th September 2024 at Rs 110 per certificate
- Green Market achieves growth of 214% YOY