IEX clocks highest trade volume of 22.42 BU in March quarter
The Indian Energy Exchange (IEX) recorded the highest power trade volume or sales of 22.42 billion units (BU) in the March quarter with year-on-year growth of 62.1 per cent. The power trade volume was 13.83 BU in the January-March quarter last year, IEX said in a statement.According to the statement, the Q4FY'21 ended on March 31, 2021, saw the highest-ever quarterly electricity volume at 22.4 BU and also highest-ever year-on-year (YoY) growth of 62.1 per cent.Fiscal 2021, saw the highest-ever yearly volume of 73.9 BU traded at the IEX since 2008, resulting in 37.3 per cent YoY growth. The power trade volume was 53.86 BU in 2019-20.The growth was driven by the competitive power prices, growing consumption of electricity, availability of ade.....