tiprankstipranks
Trending News
More News >

Indian Energy Exchange Reports Significant Growth in February 2025

Story Highlights
  • Indian Energy Exchange saw a 9% increase in electricity traded volume in February 2025.
  • Despite higher demand, average market prices fell, offering competitive rates to consumers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indian Energy Exchange Reports Significant Growth in February 2025

Confident Investing Starts Here:

Indian Energy Exchange Ltd. ( (IN:IEX) ) has shared an announcement.

In February 2025, Indian Energy Exchange Ltd. reported a 9% year-on-year increase in electricity traded volume, reaching 9,622 million units. The green market saw substantial growth with an 85% increase, while the trade of Renewable Energy Certificates surged by 167%. Despite increased power demand due to milder winters and an unusually warm February, the average Day Ahead Market price decreased by 11% year-on-year, benefiting consumers with competitive pricing. The Day-Ahead Market and Real-Time Electricity Market volumes also rose significantly, although the Term-Ahead Market experienced a decline.

More about Indian Energy Exchange Ltd.

Indian Energy Exchange Ltd. is India’s premier electricity exchange, focusing on the trading of electricity and renewable energy certificates. The company plays a significant role in the power market by facilitating transactions that help meet the energy demands of various stakeholders, including Discoms and commercial and industrial consumers.

YTD Price Performance: -12.65%

Average Trading Volume: 234,902

Current Market Cap: 139.2B INR

See more insights into IEX stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1