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The exchange witnessed a rise in electricity trading volume, reaching 8,655 MU in December 2023, up by 8.7% compared to the same month in the previous year. For the third quarter of fiscal year 2024, IEX s total volume surged to 28,326 MU, marking a 16.9% growth year-over-year. ....
"The demand momentum witnessed in August continued into September. The country s electricity consumption increased to 140 BU (Billion Units) during September 23, compared to 127 BU in September 22, marking a year-on-year increase of 10%," the company said in an exchange filing. ....
In August 2023, the country experienced its lowest August rainfall since 1901, resulting in hot weather conditions that led to an unprecedented surge in electricity demand, the company said in an exchange filing. ....
Timken India, Aether Industries, Krishna Institute Of Medical Sciences Ltd (KIMS), CreditAccess Grameen, NMDC and Kalyan Jewellers were among midcaps that saw MF buying during the month.
For three months ended September, Indian Energy Exchange saw a 57% year-over-year rise in power trading volume with demand across market segments. ....