According to government data published in November '23, the country's energy consumption reached 120 billion units, representing an 8.5% increase on YoY basis.

The Day-Ahead Market (DAM) volume was at 5,144 MU in November 2023 as compared to 5,087 MU in November 2022. The market clearing price during November 2023 was Rs 3.98/unit, down 13% YoY basis.

The Real-Time Electricity Market (RTM) increased to 2,359 MU in November 2023, from 1,407 MU in November 2022, registering an increase of 68% YoY

IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 189 MU volume during November 2023.

The Green Day-Ahead Market (G-DAM) achieved 182 MU volume during the month, with a weighted average price of Rs 5.05 per unit. The segment saw participation from 182 market participants during the month.

The Green Term-Ahead Market (G-TAM) achieved 7 MU volume in November 2023, with average monthly price of Solar- Rs 6.22/unit.

A total of 7.55 lakh RECs (equivalent to 755 MU) were traded in the trading session at IEX held on Wednesday, 8 November 2023 and 29 November 2023, at the price of Rs 375/REC for both the sessions.

Trading of ESCerts for PAT Cycle-ll officially concluded on 30 October 2023, with a total coverage of 544 DCs and 40 successful trading sessions. A total of 13.2 lakhs ESCerts were traded on IEX in PAT Cycle-ll.

IEX is India's premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable power, renewable energy certificates and energy saving certificates.

The company's consolidated net profit increased 21.4% to Rs 86.46 crore on 14% jump in net sales to Rs 108.53 crore in Q2 FY24 over Q2 FY23.

The srip shed 0.03% to currently trade at Rs 144.85 on the BSE.