IEX reports 24.7% growth in June electricity volume
Tue, Jul 2, 2024 8:40 PM

IEX reports 24.7% growth in June electricity volume

A Flip by Avya Verma
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IEX reported a 24.7% yoy increase in electricity trading volumes in June 2024, reaching 10,185 MU. Total volume, including certificates, rose 19.4% to 10,677 MU. For Q1 FY25, IEX recorded a 19% YoY increase in electricity volume to 28,178 MU, with total volume reaching 30,354 MU, up 20.8% YoY. The growth is driven by increased energy consumption in the country, with IEX's shares closing at ₹185.

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