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Sales volume in IEX real-time power market jumps 3-fold in June
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Last Updated: Jul 04, 2021, 11:49 AM IST
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Synopsis
Total real-time power market sale volume from June 2020 to June 2021 was recorded at 14,104 million units while it was 60,384 million units for Day Ahead Market
Reuters
The RTM enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery.
Sales volume of real-time power market (RTM), which allows consumers to buy power just one hour before delivery, jumped over three-fold to 1,726 million units in June compared to the year-ago month at
Indian Energy Exchange (IEX). The RTM was launched last year on June 1, and had witnessed sales of 515 MU in the first month of operation at IEX, according to the data available on the exchange.