- GOI claims to increase coal production to reduce dependency on imported coal due to energy crisis in the world. Higher availability of coal will reduce prices on the exchanges of electricity which will lead to increase in Discom optimization and increase access volumes.
- Electricity consumption will increase by 6% in the next 8 years.
- Increase in demand will lead to an increase in volume on exchanges. This is expected to happen in the future quarters.
- IGX achieved breakeven in the first year of operations. Robust Volume growth is expected in the next 5 years.
- Prices on exchanges are lower than Bilateral contract so industries can source power to reduce input costs and Discoms can source power on exchanges to meet shortages.
- Carbon Market will be established in the country. Given IEX an opportunity to diversify further after IGX.
- End of this fiscal year is expected to be stronger.
- Added new contracts in the quarter which are expected to contribute 40% to the traded volume in the coming quarters. Participants are showing interest in the new contracts.
- Planning to launch energy derivatives but will be launched on SEBI regulated markets which is either MCX, BSE or NSE. This should start in Dec/Jan as planning is going on for the same between CERC & SEBI.
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