Date:17/07/2008 URL: http://www.thehindu.com/2008/07/17/stories/2008071755651900.htm

Business

Two-fold rise in power trade

V. SUDERSHAN

NEW DELHI: First power exchange Indian Energy Exchange (IEX) has witnessed over a two-fold increase in its volume to 30,000 MW hour since it began operations at 13,000 MW hour volume on June 27. “Initial volumes of trade on the exchange are encouraging and this is going to provide a stronger signal to the power sector,” Union Minister for Power Sushilkumar Shinde said while formally launching the power exchange.