India's Electricity Demand Boosts IEX

07 Nov 2023 CW Team

In October, with a significant surge in electricity consumption across India, the Indian Energy Exchange (IEX) reported a substantial increase of 21% in its electricity volume, reaching 9,260 million units (MU). Their day-ahead market (DAM) also witnessed growth, rising by 8.3% to 4,742 MU compared to 4,379 MU in the same month last year.

Data from the Grid Controller of India Limited (GRID-India) for October revealed a 22% increase in the country's energy consumption, reaching 139 billion units (BU) compared to the previous year. This increase was attributed to below-average rainfall in October and a lower consumption base in the previous year.

The heightened power demand prompted distribution companies (Discoms) to actively engage in power purchases through the exchange to meet the growing demand, resulting in a significant increase in trade volumes on IEX. Additionally, this surge in demand led to a 68% rise in DAM prices, reaching Rs 6.45 per unit.

During the month, the green day-ahead market (G-DAM) achieved a volume of 180.80 MU, with a weighted average price of Rs 6.37 per unit. The segment saw participation from 194 market participants.

The green term-ahead market (G-TAM) recorded a volume of 7.23 MU in October, with a monthly average price for non-solar energy at Rs 8.40 per unit.

The real-time electricity market (RTM) volume increased to 2,402 MU in October, compared to 2,265 MU in October 2022, marking a 6.1% increase. The RTM segment offers distribution utilities and industries greater flexibility for real-time balancing of power demand and supply, optimising their portfolios.

The day-ahead contingency and term-ahead market (TAM), encompassing contingency, daily, weekly, and monthly contracts up to three months, traded 1,911 MU in October, marking a significant year-on-year (Y-o-Y) increase of 207.6%.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..