Indian Energy Exchange announces unaudited financial results for the Q1 FY2021-22

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Despite fresh lockdowns imposed in several states due to the second wave of the pandemic in India, electricity volumes on the Exchange grew by 42.9% YoY with 21,266 MU. This growth was largely driven by competitive power prices on the Exchange, growing electricity consumption, and vibrant performance of new market segments.

The Company announced a final dividend of 150% resulting in total dividend of 400% for FY’21. Completing a year on June 01, 2021, real time markets emerged as one of the fastest growing market segments on the Exchange. With an exceptional performance throughout the quarter, the market traded the highest ever volume of 1726 MU in the month of June 2021.

Overall, the market did a cumulative trade of 4635 MU with an average price of Rs 3.01 per unit in Q1 FY’22. The market also recorded the highest ever single day trade volume of 80 MU on June 22, 2021.

The quarter also saw green term-ahead market recording the highest ever monthly volume of 414 MU in June 2021. The market cumulatively traded 937 MU, already surpassing the total green volumes achieved in FY’21 which stood at 785 MU. Furthermore, the market recorded the highest ever single day trade volume of 30 MU on July 13, 2021.