New Delhi, Wednesday, 5 January . The Indian Energy Exchange traded 9035 MU cleared volume in December’21 comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY volume growth in December’21 across all its market segments.


For the third quarter of the fiscal year 2022, IEX has recorded 27,677 MU volume and achieved 37% YoY growth across all its market segments.


According to the power demand data published by the National Load Dispatch Center, the energy consumption at 110.34 BU saw 3.12 % YoY growth while the national peak demand at 183.39 GW saw a mere 0.2 % YoY growth during Dec’21.



The Day-ahead Market volume at 5423 MU saw a 15% MoM increase and 3% YoY decline. The average market clearing price at Rs 3.54 per unit in Dec’21 saw 15% MoM and 25% YoY increase. For the third quarter of the fiscal year 2022, the day-ahead market traded 16,710 MU and registered a 5% YoY growth.


On 1 Jan’22, Bhutan commenced trade in the day-ahead market through Druk Green Power Corporation. Besides Nepal and Bhutan, IEX has been working with stakeholders in Bangladesh to facilitate its participation towards reinforcing the cross-border electricity trade and building an integrated South-Asian regional power market.


The Term-ahead Market comprising intra-day, contingency, daily & weekly contracts traded 350 MU during the month. Cumulatively, for the third quarter, the term-ahead market traded a total of 878 MU and registered a 2% YoY decline.


The Real-time Electricity Market achieved 1512 MU volume and saw a significant 34% YoY growth with the average monthly price at Rs 3.61 per unit. The highest single day volume of 67.5 MU was achieved on 3 December. For the third quarter, the market achieved a cumulative 4,822 MU volume and registered a robust 70% YoY growth.


During Dec’21, 557 participants transacted in the Exchange’s RTM market. The consistent growth in volumes in this market segment has been indicative of the significance of this segment for both distribution utilities and industries in balancing real-time power demand-supply requirements.