Continuing the discussion from Indian Energy Exchange (IEX):
In Q4 FY 19, management answering to the lower volumes in the quarter said that due to increase in hydro and renewable generation by 18% and 19% respectively, there was decline in the volume traded.
Would like to understand the contradiction reflected by the above statement, as previously by the management and also discussed on the forum, volumes traded on the exchange will increase owing the increase in renewable energy mix in the overall electricity mix but here in this quarter we see an opposite phenomenon happening.
And also, management in the con-call mentioned that due to establishment of adani plant in gujarat, state’s capacity came on track and therefore their involvement in the quarter was less. Would like to know from other experienced members isn’t this a threat to the traded volumes on the exchange.
Hoping someone will point to me in the right direction, if i am missing something over here.
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