In FY 2024, 2.5 billion units of green power were traded via IEX’s Green Day Ahead Market. APERC directed APTRANSCO to refund ₹4.8 million to Aurobindo Pharma for undue O&M charges. The hospitality sector is embracing clean energy, with Nashik’s Grape County Eco Resorts installing a 183 kW solar system. Rajasthan Solar Park invited EPC bids for its 2,450 MW solar project in Bikaner. IREDA posted a 49% YoY rise in Q4 profit at ₹25.02 billion, driven by lower NPAs and increased operational revenue.
The Indian Energy Exchange (IEX) has proposed a Green Real-Time Market to enable dynamic renewable energy trading, with stakeholder feedback open until April 23, 2025.