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Renewable Energy Trading on IEX Fell 38% YoY in December to 232 MU

The green energy segment traded 609 MU in Q3 FY24, a 46% YoY drop

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The Indian Energy Exchange (IEX) traded 232 million units (MU) of green energy in December 2023, a 38% year-over-year (YoY) drop from 377 MU. The segment achieved a volume of 609 MU during the third quarter (Q3) of the financial year (FY) 2023-24, a 46% YoY drop from 1,130 MU.

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