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IEX trade volume dips over 11% to 23.1 billion units from July to September
The total trade volume of Indian Energy Exchange (IEX) dipped over 11 per cent to 23.1 billion units in the July-September quarter, compared to the year-ago period, due to supply-side constraints.
The total trade volume of IEX was 26 billion units (BU) in July-September 2021, a company statement showed.
It said, "during the quarter, the Exchange traded 23.1 BU electricity volume versus 23.4 BU in Q1 FY'23. The volume comprised 19.7 BU in the conventional power market, 1.5 BU in the Green Market segment and 19.14 lakh Certificates in the Renewable Energy Certificates (REC) Market which is equivalent to 1.9 BU."
During the quarter, the volumes declined by 11 per cent YoY (year-on-year), as compared to Q2FY'22, it stated.
However, it said that during H1FY23 (April-September 2022) the volumes declined marginally by 2 per cent YoY.
The volumes were impacted due to supply-side constraints, led by high prices of e-auction coal, imported coal and gas.
The average Day Ahead Market prices