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RAJESH K MEDIRATTA
Indian Gas Exchange seeks regulatory nod to launch 3-6 month contractIndian Gas Exchange awaits regulatory approval for a 3-6 month gas contract linked to global benchmarks. The new contracts will have a fort...- Exploration, monetisation of natural gas will benefit Northeast: IGXIndia can reduce natural gas imports by utilizing deposits in the northeast. The region's surplus gas can supply other Indian regions and B...
- Northeast gas grid to be operational by 2026: Indian Gas Exchange CEOThe Northeast Natural Gas Grid, slated for completion by 2026, is set to unlock the region's vast natural gas reserves. This will boost Ind...
- South seeing power price hikes owing to outagesCoupled with outages of power generation units and increasing irrigation demand, the development has resulted in a failure to attain the de...
- Spot power price nearly doubles in past 1 monthA price of Rs 5 per unit is a six-month high. It had last crossed Rs 5 per unit in September, when power plants were facing coal shortage.
- Spot power bills soar on coal auction price risePrices at e-auctions rose almost 16% while spot power rates increased 18% in the first nine months of the current fiscal. Coal India sold 1...
- Renewable power companies compete with thermal plants in spot marketReNew Power has become the first renewable co to compete with coal-based plants as it has received better tariffs than those discovered in ...
- Power prices climb to a year's high on heavy mist in NorthMist can cause transmission lines to trip and authorities have started regulating power supplies as a precautionary measure, according to e...
- Government mulls green power exchange to spur Narendra Modi’s renewable targetThe push for a better way to buy and sell clean electricity comes as India anticipates an influx of renewable energy spurred on by governme...
- Energy rates fall on exchanges as monsoon boosts hydel power outputThis is good news for households and industry as distribution companies are increasingly replacing costly power with cheaper energy availab...
- Power prices shoot on IEX as links snapThe link snapped three days ago and power supplies to South India was severely affected resulting in prices inching up from about Rs 4 per ...
- Over 1 crore renewable energy certificates unsold at IEXRenewable Energy Certificates (RECs) are aimed at providing an easier avenue for various entities, including power distribution companies, ...
- Poor transmission network hurting projects of Tata Power, Jindal Power, JSW Energy and othersTransmission problems are also hurting power trading, said Rajesh K Mediratta, director business development at Indian Energy Exchange.
- New transmission capacities must for competitive power market:IEXIn August alone, about 223 million units of electricity were curtailed due to unavailability of inter-regional transmission corridor.
- Indian Energy Exchange gears up for cross border power tradePurchasing electricity through the exchange would also ensure price discovery through a transparent and neutral platform, according to IEX.
- Power demand jumps 8,000 Mw, results in electricity prices doubling to Rs 5/unitDemand for power surged to the season’s highest on Monday as scanty rains increased humidity levels in most parts of the country.
- Indian Energy Exchange launches mobile applicationThe mobile app, available for Android device, grants easy access to real-time price and volume information in the day-ahead power market
- Power prices in spot markets decline by almost 40% in North Indiaower prices in the spot markets have started to decline.It has dipped by almost 40% over the last eight days in northern India and is likel...
- IEX, global power bourses to discuss SAARC-based electricity market next monthOver 30 power trading exchanges from across the globe will meet in Delhi next month to explore possibility of setting up a SAARC-based elec...
- No impact on power exchange prices despite the major grid failureDespite the huge grid failure in north India which affected as many as six states apart from Delhi, prices at the power exchanges did not s...
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