Tuesday, August 26, 2008

Power trading going strong

Indian Energy Exchange (IEX), the country's first power exchange, has traded 251 million kWh of electricity in the first two months of operations. Traded volume on Day-Ahead market has jumped from a modest 58 MWh on first day to over 18,000 MWh on August 8. The hourly prices were in the range of Rs. 6.50-8.50/kWh with an average price of Rs. 7.60/kWh.

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