New Delhi [India], May 6 (ANI): Indian Energy Exchange (IEX) said on Thursday that the electricity market entered the new fiscal year 2022 with 7,707 million units volume April, achieving 90.2 per cent year-on-year growth on the platform.
IEX pioneers cross-border electricity trade to build integrated South Asian market ANI | Updated: Apr 19, 2021 14:47 IST
New Delhi [India], April 19 (ANI): The Indian Energy Exchange (IEX) on Monday announced starting of cross-border electricity trade on its platform in first-of-its-kind initiative for exchanges to expand their power markets beyond India to the south Asia region towards building an integrated regional power market.
This follows notification of cross-border trade electricity (CBET) regulations by the Central Electricity Regulatory Commission (CERC) in 2019 and the recent notification of CBET rules in March.
NTPC Vidyut Vyapar Nigam (NVVN) has secured approval from the Central Electricity Authority (CEA) for Nepal s participation in the day-ahead market on IEX.
IGX offloads 26 pc stake to NSE, 5 pc to ONGC ANI | Updated: Mar 10, 2021 14:33 IST
The IGX has a robust ecosystem of more than 6,500 market participants which include all distribution utilities in the country, major power generators as well as over 4,500 open access consumers.
Secretary at the Ministry of Petroleum and Natural Gas Tarun Kapoor said the government is committed to build a sustainable energy economy in which clean energy sources like gas have a key role to play. We are working collaboratively with key stakeholders in the value chain to create an enabling policy framework that supports development of gas markets in the country, he said.
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The complex with net leasable area of over 5.3 lakh square feet was built with an investment of Rs 600 crore
Max Estates leases 80,000 sq ft office space in Noida to Cyril Amarchand Mangaldas ANI | Updated: Feb 10, 2021 13:17 IST
New Delhi [India], Feb 10 (ANI): Max Estates, a subsidiary of Max Group s listed entity Max Ventures and Industries Ltd (MaxVIL), has leased about 80,000 square feet at its flagship grade A office complex Max Towers in Noida to Cyril Amarchand Mangaldas, one of India s leading legal firms.
Built with an investment of Rs 600 crore with a net leasable area of over 5. 3 lakh square feet, Max Towers is a 21-storey commercial office tower which provides an energy-efficient and green work environment, a technology-enabled smart workspace, and a vibrant food and recreation hub.