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In January 2023, the Indian Energy Exchange witnessed its highest volume in this fiscal year, due to improving supply side conditions, led by gradually increasing coal supply and easing e-auction coal prices. The volume has been steadily increasing month-on-month since November 2022, the exchange stated.
Indian Energy Exchange on Monday said that it has clocked a total trade volume of 8,639 million units (MU) in January 2023, highest in the current financial year so far.
However, the data showed that the trade volume in January this year was lower than 8,652 MU recorded in the same month last year.
The IEX has achieved 8,639 MU total volume in January 2023, including green power trade of 347 MU, and 3.95 lakh renewable energy certificates (RECs), equivalent to 395 MU, an IEX statement said.