Indian Energy Exchange Ltd. ( (IN:IEX) ) just unveiled an announcement.
In fiscal year 2025, Indian Energy Exchange Ltd. achieved its highest ever traded electricity volume of 121 billion units, marking a 19% year-on-year increase. The company also saw significant growth in its green market and renewable energy certificates trading, with a 171% and 136% increase respectively. The proactive measures by the Ministry of Power, including ensuring ample coal supply and operational capacity of power plants, contributed to sufficient supply liquidity and competitive power prices on the exchange, with the Day Ahead Market price declining by 15% year-on-year.
More about Indian Energy Exchange Ltd.
Indian Energy Exchange Ltd. is a leading electricity exchange in India, facilitating the trading of electricity and renewable energy certificates. The company focuses on providing a transparent and efficient platform for power trading, catering to the growing energy demands in the country.
YTD Price Performance: -0.45%
Average Trading Volume: 223,723
Current Market Cap: 157.5B INR
For a thorough assessment of IEX stock, go to TipRanks’ Stock Analysis page.