IEX Achieves Record 19,400 MU Green Energy

30 Jan 2024 CW Team

The Indian Energy Exchange (IEX) has achieved a noteworthy milestone by recording a total of 19,400 million units (MU) of green energy transactions. This significant accomplishment underscores the growing prominence of renewable energy in India's power market.

The surge in green energy transactions on the IEX platform reflects the increasing adoption and trading of renewable energy certificates (RECs) and power generated from environmentally sustainable sources. The exchange has become a key facilitator for market participants to engage in transactions that promote the use of clean and sustainable energy.

This achievement is in line with India's commitment to expanding its renewable energy capacity and reducing reliance on conventional fossil fuels. The recorded 19,400 MU of green energy transactions on the IEX platform signifies a substantial contribution to the nation's efforts in meeting its renewable energy targets and addressing climate change concerns.

As a pivotal player in the energy market, IEX continues to play a crucial role in promoting green energy adoption, providing a platform for buyers and sellers to participate in a transparent and efficient marketplace. The record-breaking volume of green energy transactions on IEX reflects the industry's momentum towards a more sustainable and environmentally conscious energy landscape in India.

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