Indian Energy Exchange achieved 110 BU in FY`24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY`24. REC traded volume in FY`24 increased 26% on YoY basis. The Government undertook several measures which led to a better supply scenario in the country, as a result of which the sell side liquidity improved on the Exchange. During the year, the sell liquidity on the exchange increased by 16.9% YoY, which led to a decline in the DAM prices from Rs 5.94/unit in FY`23 to Rs 5.24/unit in FY`24, i.e a decline of 12% YoY. Indian Energy Exchange, India`s premier electricity exchange, achieved 110 BU in FY`24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY`24. REC traded volume in FY`24 increased 26% on YoY basis. The Government undertook several measures which led to a better supply scenario in the country, as a result of which the sell side liquidity improved on the Exchange. During the year, the sell liquidity on the exchange increased by 16.9% YoY, which led to a decline in the DAM prices from Rs 5.94/unit in FY`23 to Rs 5.24/unit in FY`24, i.e a decline of 12% YoY. During Q4 FY`24, IEX achieved 30.1 BU volume across all segments, registering an increase of 15.7% on YoY basis. This volume comprises 25.9 BU from the conventional power market segment, 1 BU from the green market segment, and 32.48 lac Renewable Energy Certificates (RECs) (equivalent to 3.2 BU). REC traded volume in Q4FY`24 increased by ~98% on YoY basis. The DAM prices on the exchange reduced from Rs 6.08/unit in Q4 FY`23 to Rs 4.89/unit in Q4 FY`24, a decline of 20% YoY. For the month of March`24, IEX achieved 9.8 BU overall volume, marking a 6.2 % year-over-year increase. The Market Clearing Price in Day Ahead Market during March`24 was Rs. 3.91/unit, down approximately 28% year-on-year, due to increased sell quantum. The sell bids on the exchange (Day Ahead Market plus Real Time Market) during the month increased by ~37% on YoY basis.The fiscal year 2024 witnessed several favourable policy and regulatory interventions that further deepened power markets. Notable among these were the General Network Access (GNA) regulation, the Indian Electricity Grid Code (IEGC) regulations, and Transmission Charges Sharing regulations. Further there were amendments in the Electricity Late Payment Surcharge Rules of 2024, which requires the sale of URS power on exchanges.According to government data, for the year, the energy requirement at 1,626 BU grew by 7.5% YoY in 2023-24.ELECTRICITY MARKET: DAY- AHEAD, TERM- AHEAD & REAL-TIME MARKET The Day-Ahead Market (DAM) volume was at 4,653 MU in March`24, as compared to 4,745MU in March`23. The DAM segment registered 14,916 MU during Q4FY`24, as compared to 14,301 MU in Q4FY`23, registering an increase of 4.3% on YoY basis. The segment achieved 53,353 MU for the cumulative FY`24, as compared to 51,151 MU in FY`23, registering an increase of 4.3% on YoY basis. The Real-Time Electricity Market (RTM) volume increased to 2,786 MU in March`24, from 2,098 MU in March`23, registering an increase of 32.8% on YoY basis. The RTM segment registered volume of 7,505 MU during Q4FY`24, as compared to 5,914 MU during Q4FY`23, registering an increase of 26.9 % on YoY basis. The segment achieved 30,125 MU for the cumulative FY`24, as against 24,174 MU in FY`23, registering an increase of 24.6% on YoY basis. Day Ahead Contingency and Term-Ahead Market (TAM), comprising of contingency, daily & weekly and monthly contracts up to 3 months, traded 806 MU during March`24. The total volume on the segment during the quarter was 3,511 MU, growth of 19.3% over Q4 FY`23. For the FY`24, the segment achieved 14,944 MU, registering a growth of 48% on YoY basis.GREEN MARKET: GREEN DAY-AHEAD & GREEN TERM-AHEAD MARKETIEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 426 MU volume during March`24, 960 MU in Q4 FY`24 and 3,227MU in FY`24. The Green Day-Ahead Market (G-DAM) achieved 410 MU volume with a weighted average price of Rs 3.81 per unit. The market saw participation from 244 market participants during the month. The G-DAM segment achieved 885 MU during Q4 FY`24 and 2,502 MU during FY`24. The Green Term-Ahead Market (G-TAM) achieved 16 MU volume in March`24. The G-TAM segment achieved 75 MU during Q4 FY`24 and 725 MU for FY`24.RENEWABLE ENERGY CERTIFICATE MARKET (REC MARKET) A total of 11.14 lac RECs (equivalent to 1114 MU) were traded in the trading sessions held on 13th March`24 and 27th March`24, at a clearing price of Rs. 300/REC and Rs. 270/REC respectively. REC traded volume in March`24 increased by ~28% on YoY basis. 32.48 lac RECs (equivalent to 3248 MU) were traded during Q4FY`24. REC traded volume in Q4FY`24 increased by ~98% on YoY basis. 75.39 lac RECs (equivalent to 7539 MU) were traded during FY`24. REC traded volume in FY`24 increased by ~26% on YoY basis. The next REC trading sessions at the Exchange are scheduled on 10th April`24 and 24th April`24.ENERGY SAVING CERTIFICATES (ESCerts)During FY`24, 8.55 lac ESCerts (equivalent to 855 MU) were traded on IEX, at the floor price of Rs. 1840 per ESCert. Trading of Energy Saving Certificates Market (ESCerts) under PAT Cycle III is scheduled to start from April 09, 2024.Powered by Capital Market - Live News

Indian Energy Exchange achieved 9,462 MU overall volume, in February`24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February �24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time Market) during the month increased by 47% on YoY basis. According to government data published in February`24, the country`s energy consumption reached 127.8BUs, representing an 8.5 % increase on a year-on-year basis.Ministry Of Power issued amendments in the electricity late payment surcharge rules, 2024, requiring sale of URS power on exchanges. These rules also provide for penalty in terms of reduced fixed charges to GENCOS if they fail to offer URS power in the market. This will improve sell side liquidity on exchange platform and lead to competitive price discovery.ELECTRICITY MARKET: DAY- AHEAD, TERM- AHEAD & REAL-TIME MARKETThe Day-Ahead Market (DAM) volume was at 4,722 MU in February`24, as compared to 4,664 MU in February`23.The Real-Time Electricity Market (RTM) volume increased to 2,340 MU in February�24, from 1,714 MU in February`23, registering an increase of 36.5 % YoY.Day Ahead Contingency and Term-Ahead Market (TAM), comprising of contingency, daily & weekly and monthly contracts up to 3 months, traded 1,487 MU during February`24, higher by 55.9 % on YoY basis. GREEN MARKET: GREEN DAY-AHEAD & GREEN TERM-AHEAD MARKETIEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 298 MU volume during February`24.The Green Day-Ahead Market (G-DAM) achieved 266 MU volume during the month, with a weighted average price of Rs 5.5 per unit. The segment saw participation from 214 market participants during the month.The Green Term-Ahead Market (G-TAM) achieved 32 MU volume in February `24RENEWABLE ENERGY CERTIFICATE MARKET (REC MARKET) A total of 6.14 lac RECs (equivalent to 614 MU) were traded in the trading sessions held on 14th February`24 and 28th February`24, at a clearing price of Rs. 360/REC and Rs. 347/REC respectively. The next REC trading sessions at the Exchange are scheduled on 13th March`24 and 27th March`24. Powered by Capital Market - Live News

Indian Energy Exchange, India`s premier electricity exchange, achieved the highest ever total volumes in January 2024, reaching 10,893 million units (MU) � marking a 26.1% year-over-year increase. This volume comprises of 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 MU).According to government data published in January`24, the country`s energy consumption reached 133.8 BUs, representing a 6 % increase on a year-on-year basis. The Market Clearing Price in Day Ahead Market during January �24 was Rs. 5.83/unit, down approximately 6% year-on-year, due to easing supply side constraints. Increased electricity consumption coupled with easing supply side constraints led to an increase in the volumes of electricity traded on the Exchange which is expected to continue going forward. ELECTRICITY MARKET: DAY- AHEAD, TERM- AHEAD & REAL-TIME MARKET The Day-Ahead Market (DAM) volume was at 5,540 MU in January `24, as compared to 4,893 MU in January `23, registering an increase of 13.2% YoY. The Real-Time Electricity Market (RTM) volume increased to 2,380 MU in January �24, from 2102 MU in January`23, registering an increase of 13.2 % YoY. Day Ahead Contingency and Term-Ahead Market (TAM), comprising of contingency, daily & weekly and monthly contracts up to 3 months, traded 1,217 MU during January `24, higher by 34.9% on YoY basis. The longer duration contracts have demonstrated steady growth throughout the year. Notably, with this growth momentum, volumes exceeded 10 BU mark on an annual basis (year-to-date) in FY`24, increasing by more than 600% YoY.GREEN MARKET: GREEN DAY-AHEAD & GREEN TERM-AHEAD MARKET IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 236 MU volume during January`24. The Green Day-Ahead Market (G-DAM) achieved 210 MU volume during the month, with a weighted average price of Rs 5.87 per unit. The segment saw participation from 189 market participants during the month. The Green Term-Ahead Market (G-TAM) achieved 26 MU volume in January �24, with average monthly price of Non-Solar- Rs 6.57/unit. RENEWABLE ENERGY CERTIFICATE MARKET (REC MARKET) A total of 15.20 lac RECs (equivalent to 1520 MU) were traded in the trading sessions held on 10th January `24 and 31st January`24, at a clearing price of Rs. 360/REC. This is the highest REC volume in the current financial year. REC Price on the exchange has been experiencing a downward trend and is currently at its lowest levels this financial year. This presents an opportunity for obligated consumers (Discoms, Open Access Consumers and Captive Power Producers) to meet their Renewable Purchase Obligations (RPO) at more affordable rates. The next REC trading sessions at the Exchange are scheduled on 14 February 2024 and 28 February 2024. Powered by Capital Market - Live News

Indian Energy Exchange announced that the Board of Directors of the Company at its meeting held on 25 January 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Indian Energy Exchange rose 18.89% to Rs 91.81 crore in the quarter ended December 2023 as against Rs 77.22 crore during the previous quarter ended December 2022. Sales rose 14.98% to Rs 115.30 crore in the quarter ended December 2023 as against Rs 100.28 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales115.30100.28 15 OPM %85.6783.05 - PBDT127.47105.73 21 PBT122.28100.80 21 NP91.8177.22 19 Powered by Capital Market - Live News