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Power trading on IEX falls in April May 07, 2021 Correction in demand from southern and western states coupled with lockdowns dragged the demand down Trading on Indian Energy Exchange Ltd’s electricity market fell 6.6 per cent from the previous month to 7.7 billion units during April, the firm said on Thursday. “There has been a correction in demand from southern and western States such as Maharashtra, Gujarat, and Telangana since April 20. Agricultural demand from Telangana fell sharply,” an IEX spokesperson said. “These States had been participating in the market heavily till March.” With the second wave of Covid raging, the State governments in Maharashtra and Delhi had also ordered lockdowns in the second half of April.

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