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IEX power market update for month of April 2021


Continuing its exceptional performance during the last fiscal year, the electricity market at Indian Energy Exchange entered the new fiscal year 2022 with 7707 MU volume in the month of April 21, achieving a 90.2% YoY growth.
According to the power demand data published by the National Load Dispatch Center, the national peak power demand at 183 GW while the peak demand & power consumption registered close to 40% YoY growth on a weak base.
While the growing electricity consumption has been one of the key factors behind the consistent performance of the Exchange market, its robust value proposition in terms of the most competitive prices, flexible, and efficient procurement positions Exchange as the most preferred destination for power procurement for both the distribution utilities as well as the industrial consumers. ....

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