iex

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Daily News Wrap-Up: APTEL Rejects Rooftop Solar Consumer’s Tariff Plea

The Appellate Tribunal for Electricity rejected an appeal by a rooftop solar consumer seeking enforcement of a tariff of ₹9.56 (~$0.11)/kWh for a rooftop solar system,...

December 4, 2024

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Mercom Staff

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Daily Wrap-up
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Green Energy Trade on IEX Increases by 331% YoY in November 2024

The Indian Energy Exchange (IEX) traded 818 million units (MU) of green energy during November 2024, a 331.8% increase from 189 MU in the same month in 2023. The Green...

December 3, 2024

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Tina Freese

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: MNRE Invites Proposals to Set Up Green Hydrogen R&D Facilities

The Ministry of New & Renewable Energy has invited proposals to set up Centers of Excellence under the National Green Hydrogen Mission Research and Development...

November 7, 2024

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Staff

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Daily Wrap-up
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Green Energy Trade on IEX Up 364% YoY in October 2024

The Indian Energy Exchange (IEX) traded 872 MU (million units) of green energy in October 2024, a 364% year-over-year (YoY) increase from 188 MU. The Green Day-Ahead...

November 6, 2024

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Namratha A Rai

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Markets & Policy

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Renewable Energy
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IEX Reports 25% Jump in Q2 FY 2025 Profits, Trades 36.7 BU of Energy

The Indian Energy Exchange (IEX)  has reported a consolidated revenue of ₹1.68 billion (~$20.1 million), an increase of 26.2% year-over-year (YoY) in the second quarter...

October 28, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: UERC Sets ₹1.12/kWh Additional Surcharge for Open Access

The Uttarakhand Electricity Regulatory Commission (UERC) has determined an additional surcharge of ₹1.12 (~$0.013) per unit for open-access consumers from October 1,...

October 8, 2024

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Mercom Staff

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Daily Wrap-up
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Green Energy Trade on IEX Up 214% YoY in September 2024

The Indian Energy Exchange (IEX) traded 723 million units (MU) of green energy in September 2024, a 214% year-over-year (YoY) increase from 230 MU. The Green Day-Ahead...

October 7, 2024

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Arjun Joshi

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Markets & Policy

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Other
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IEX Green Electricity Trade Up 259% in August 2024

The Indian Energy Exchange (IEX) traded 871 million units (MU) of green energy in August 2024, a 259.5% year-over-year (YoY) increase from 242.3 MU. The Green Day-Ahead...

September 6, 2024

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Arjun Joshi

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Markets & Policy

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Other
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IEX Trades Highest Monthly Green Electricity Volume of 990 MU in July 2024

The Indian Energy Exchange (IEX) traded its highest monthly green energy volume of 989.6 MU million units (MU) in July 2024, a 259% year-over-year (YoY) increase from...

August 5, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Subsidy Delays Plague PM Surya Ghar Program

The PM Surya Ghar Program, which aims to install 10 million rooftop solar projects across India, continues to grapple with challenges ranging from subsidy disbursements...

July 4, 2024

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Mercom Staff

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Daily Wrap-up
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Green Energy Trade at IEX Up 173% YoY in June, REC Prices Tumble

The Indian Energy Exchange (IEX) traded 744 million units (MU) of green energy in June 2024, a 173.4% year-over-year (YoY) increase from 272 MU. The segment recorded a...

July 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: India Adds 1.8 of Solar Open Access Capacity in Q1

India added over 1.8 GW of solar open access capacity in the first quarter of the calendar year 2024, a nearly 152% increase year-over-year compared to 722 MW, according...

June 7, 2024

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Mercom Staff

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Daily Wrap-up
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REC Trading on IEX Surges 640% YoY as Price Drops to Record Low

The Indian Energy Exchange (IEX) reported a total traded volume of 10,633 million units (MU) in May 2024, a 28.9% increase from the previous year. A volume of 622.2 MU...

June 6, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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IEX Records 9% Jump in Q4 Profits, Trades 1 BU of Green Energy

The Indian Energy Exchange (IEX) has reported a total income of ₹1.49 billion (~$17.85 million), an increase of 15% year-on-year (YoY) in the fourth quarter (Q4) of the...

May 16, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Green Energy Trade at IEX Up by 44% in April, REC Prices Plummet by 80%

The Indian Energy Exchange (IEX) traded 402 million units (MU) of green energy in April 2024, a 44% year-over-year (YoY) increase from 280 MU. The Exchange, in total,...

May 3, 2024

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Arjun Joshi

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Other

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Renewable Energy

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