IEX Trade Volumes Rise 4% To 9,642 MUs In Oct

New Delhi: Indian Energy Exchange’s (IEX) total trade volume rose 4 per cent year-on-year to 9,642 million units (MU) in October this year. During the month, the exchange-traded 4.44 lakh renewable energy certificates (RECs), recording a 105 per cent year-on-year increase. It has achieved electricity traded volume of 9,642 million units (MU) in October 2024, marking a 4 per cent year-on-year increase, IEX said in a statement. A total of 4.44 lakh RECs were traded in the trading sessions held on October 9 and 30 at a clearing price of Rs 110/REC and Rs 120/REC, respectively. The Day-Ahead Market (DAM) volume declined 7 per cent to 4,388 MU in October from 4,742 MU volume in the same month last year.