IEX Achieves 9,642 MU Electricity Trade

08 Nov 2024 CW Team

The Indian Energy Exchange (IEX) has reported a significant achievement, trading 9,642 million units (MU) of electricity in October, reflecting a 10% increase in year-on-year (YoY) volumes. This growth comes as part of a broader trend in the energy market, where electricity trading and renewable energy certificate (REC) trading have surged.

The surge in electricity trading has been driven by increasing demand for power, particularly during the festival season and rising industrial activity across India. IEX, which operates as a leading platform for the exchange of electricity in India, saw robust participation in various market segments, including day-ahead market, term-ahead market, and real-time market, catering to the growing need for flexible power procurement options.

A key highlight of the month was the surge in REC trading, which increased by 105% compared to the same period last year. This surge reflects heightened interest in renewable energy certificates, as power generators and distribution companies strive to meet renewable purchase obligations (RPOs). The growth in REC trading is also seen as a positive sign for India’s clean energy goals, driving the transition toward more sustainable energy sources.

IEX's platform continues to play a crucial role in improving the efficiency and transparency of India's electricity market, enabling better price discovery and ensuring grid stability. With increasing demand and a continued focus on renewables, the future of electricity trading in India looks poised for further growth.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..