CPPIB sells 1.77% stake in Kotak Mahindra Bank; IEX shares slump 10%
Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenues09-06-2023
CPPIB sells 1.77% stake in Kotak Mahindra Bank; IEX shares slump 10%
Shares of Indian Energy Exchange (IEX) plunged more than 10% on Friday on fears that the implementation of 'market coupling' norms will make a dent into revenuesItaly's Maire keen on green energy push
The engineering, procurement and construction (EPC) major is looking to expand its footprint in the Indian energy transition space and is eyeing minority stakes in green hydrogen projects.Market coupling casts a shadow on IEX. What should investors do?
Market coupling refers to forming of a single power trading entity owned by the government where price discovery will happen with power getting dispatched to short-term power trading platformsIEX shares suffer a shock as Centre pushes for market coupling in power space
Currently, according to the analysts, National Load Dispatch Center (NLDC) is acting as the market coupler for a very small portion of the market, but now they expect the organisation to become a full-fledged market coupler role.Indian Energy Exchange Ltd - 540750 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Indian Energy Exchange Limited has informed the Exchange about Schedule of meet.IEX shares down 2% as pricing declines in May 2023
The price during May 2023 was Rs 4.74 per unit, declining 30 percent YoY, from Rs 6.76 per unit in May 2022, due to improving supply side scenario leading to increased liquidity, as well as cooler weather conditions.Indian Energy Exchange Ltd - 540750 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Indian Energy Exchange Limited has informed the Exchange regarding a press release dated Jun 05, 2023, titled "IEX Power Market Update, May 2023".Indian Energy Exchange Ltd - 540750 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Indian Energy Exchange Limited has informed the Exchange about Schedule of meetIndian Energy Exchange Ltd - 540750 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Indian Energy Exchange Limited has informed the Exchange about Transcript of earnings conference call held on May 26, 2023Indian Energy Exchange: Taking a pause as earnings shrink in the near term
The energy market is stabilising with the expectations of demand coming back in the near future