Indian Energy Exchange Ltd: A Powerhouse of Energy Trading Introduction The Indian Energy Exchange Ltd (IEX) is a leading energy marketplace in India, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates. IEX enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. In this blog post, we will take a closer look at the company’s recent achievements and its role in shaping the power market in India. Overview IEX achieved 8,469 MU total electricity volume in August 2023 , registering an increase of 21% on YoY basis . The company attained 8,865 MU overall volume, including green market trade of 242.3 MU, ancillary market trade of 40MU, 2.53 Lac RECs (equivalent to 253 MU) and 1.03 Lac ESCerts (equivalent to 103 MU). The overall volume traded during the month increased to 13.3% on YoY basis . IEX share price as of September 5, 12:37 PM IST wa...

The data from August 2023 shows that most of the major vehicle manufacturing companies in India reported an increase in sales, compared to the same month last year. The only exceptions were Bajaj Auto and Escorts Kubota, which reported a decline in sales. company August 2023 Sales August 2022 Sales YoY Growth Maruti Suzuki India Ltd. 189,082 165,173 15% Tata Motors Ltd. 78,010 78,843 -1% Mahindra & Mahindra Ltd. 70,350 63,243 11% Eicher Motors Ltd. 6,476 5,003 29% Ashok Leyland Ltd. 15,576 14,121 10% TVS Motor Company Ltd. 345,848 333,787 4% Bajaj Auto Ltd. 341,648 401,595 -16% SML Isuzu Ltd. 1,005 1,002 0.3% Atul Auto Ltd. 2,610 1,950 34% Escorts Kubota Ltd. 5,593 6,111 -8% Vehicle Sales in India in August 2023: A Mixed Bag The vehicle sales data for August 2023 in India is a mixed bag. While some companies reported an increase in sales, others saw a decline. Tata Motors reported a 1% decline in sales, with 78,010 units sold in August 2023 compared to 78,843 units in A...