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The Indian Energy Exchange (IEX) recorded a total traded volume of 10,946 million units (MU) in May 2025, marking a 14% year-on-year (YoY) growth.

REC market trades 17.43 lakh units, up 65% YoY. Power prices dip as RTM hits record high. G-DAM sees ₹3.59/unit, aiding discoms and C&I consumers.

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Saudi Arabia’s Alfanar Group is eyeing India’s green hydrogen sector but is awaiting clearer policy and regulatory signals before making its entry.

Alfanar eyes India’s green hydrogen space, citing global experience, but grid bottlenecks and lack of offtake agreements hinder renewable expansion pl...

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