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Epidemic curbs demand, India's electricity trade fell 6.6% in April

 Last Update: 2023-01-02
 Source: Internet
 Author: User

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India's largest online electricity trading platform Energy Exchange (IEX) announced on Monday that trade volumes fell 6.
6 percent to 4.
052 billion
in April.

In its monthly electricity market update, IEX said peak national electricity demand fell 25% to 133 gigawatts (GW)
in April 2020.
This was mainly due to the contraction
in demand for businesses due to Covid-19-related preventive lockdowns.

At the same time, the average electricity price in the market was Rs 2.
42 per 2.
42, down 25 per
cent from Rs 3.
22 per year in the same period last year.

As of April 29, 2020, the total trading volume at the Renewable Energy Certificate Trading Meeting held at IEX was 188,000 RECs, including 1,72,488 non-solar RECs and 15,991 solar RECs
.
Each solar REC is priced at Rs 2,400 and non-solar RECs at Rs 1,000
.

India's largest online electricity trading platform Energy Exchange (IEX) announced on Monday that trade volumes fell 6.
6 percent to 4.
052 billion
in April.

electricity

At the same time, the average electricity price in the market was Rs 2.
42 per 2.
42, down 25 per
cent from Rs 3.
22 per year in the same period last year.

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