India’s Power Market Booms: Balancing Growth with Renewables and Lower Prices : IEX
India’s electricity market is experiencing a surge in activity, fueled by rising demand and a thriving exchange platform. The Indian Energy Exchange (IEX), the country’s premier power trading platform, witnessed a significant increase in overall volume in May 2024, reaching a record high of 10,633 million units (MU). This represents a remarkable 28.9% year-over-year increase,…