Jan 27, 2017 04:38 PM IST
Sales of renewable energy certificates (RECs) jumped about 245 percent to 15.68 lakh this January, from 4.54 lakh in December last year.
- Oct 05, 2016 02:26 PM IST
"The spot price of electricity has been on a slightly higher side in September due to high demand, particularly from industrial units," an IEX official told PTI.
- Jul 05, 2016 01:46 PM IST
Although the volume traded this month increased by 7 per cent, the price continued to be Rs 2.31 per unit, at par with MCP (market clearing price) of Rs 2.32 per unit in May 2016, it said.
- Jun 30, 2016 02:56 PM IST
Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under the Renewable Energy Purchase Obligation (RPO) mandated by central/state regulatory commission.
- Jun 13, 2016 02:22 PM IST
"For the first time, NTPC-the Maharatna public sector undertaking... has traded in Un-Requisitioned Surplus (URS) power from four of its prominent thermal generating stations: Vidhyanchal, Unchahar, Rihand and Dadri Power at IEX," Indian Energy Exchange said in a statement.
- Apr 06, 2016 08:38 AM IST
"The average Market Clearing Price (MCP) for the month was Rs 2.61 per unit, about 13 percent more than Rs 2.30 per unit last month," IEX said in a statement.
- Mar 30, 2016 05:22 PM IST
India Business Excellence Fund-II and India Business Excellence Fund-IIA, funds managed and/or advised by MOPE Investment Advisors Private Ltd has acquired 4.1 percent stake in IEX from Jindal Power Ltd for a total consideration of Rs 98 crore, MOPE Investment Advisors said in a press release.
- Mar 03, 2016 08:08 PM IST
Even average Area Clearing Prices (ACP) across all bid areas reduced by 6-12 per cent in February. Interestingly, ACP at Rs 2.51 per unit in the Southern region was even lower than ACP in the Northern region at Rs 2.64 per unit.
- Nov 26, 2015 09:11 PM IST
Two power exchanges -- Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL), approved by the Central Electricity Regulatory Commission -- hold auction of RECs on the last Wednesday of every month.
- Nov 20, 2015 12:32 PM IST
"The company has concluded the sale of balance 5 percent equity stake in IEX on a fully diluted basis... With the conclusion of the transaction, the company has competed sale of its entire 25.64 percent stake in IEX," Financial Technologies said in a regulatory filing.
- Nov 10, 2015 09:43 AM IST
The company has entered into share purchase agreement with SG BRIC III Trading, LLC to sell 1.61 percent stake in IEX for Rs 34.64 crore and to sell 3.02 percent stake to Siguler Guff NJMD Investment for Rs 64.99 crore.
- Oct 23, 2015 09:33 PM IST
For the remaining stake in electricity exchange IEX, the company had earlier this week entered into a share purchase agreement with MADISON India Opportunities III for sale of 1.58 percent stake.
- Oct 14, 2015 09:18 PM IST
With this, the company has completed the sale of 13.60 percent stake in IEX, on fully diluted basis.
- Sep 23, 2015 12:56 PM IST
The company on June 18 announced that it has entered into share purchase agreement with DCB Power Ventures, Kiran Vyapar, Agri Power and Engineering, Aditya Birla Capital Advisors (Trustee to the Aditya Birla Private Equity Fund I) and Aditya Birla Capital Advisors (Trustee to the Aditya Birla Private Equity Sunrise Fund).
- Aug 24, 2012 01:02 PM IST
Jayant Deo, MD and CEO of Indian Energy Exchange, tells Forbes India that an open market for power can reduce the chances of large blackouts.
- Apr 03, 2012 12:25 PM IST
PTC Financial Services divested part of its stake in Indian Energy Exchange (IEE). The company offloaded 14% in IEE for Rs 70 crore and it still holds 5% stake.