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IEX electricity market trade grows 5 per cent to 4,790 MUs in June

The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units in June, recording a 5 per cent year-on-year increase despite the national peak demand registering a 10 per cent decline during the month.Increased economic activity and easing of the lockdown restrictions in most parts of the country coupled with peaking summers contributed to national peak demand at 165 GW and energy consumed at 107 BU, according to data released by the National Load Despatch Centre.The day-ahead market traded 4,174 MU and witnessed high sell-side liquidity in the month with total sell bids at 10,164 MU being close to 1.5X the buy bids at 4,661 MU.The average market clearing price during the month was at Rs 2.35 per u.....

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