(DAM) in the first nine months of FY21 with a volume growth of c.29%. Majority of the growth has been seen in the last four months to Dec'20 with a volume growth of c.58% year on year. The revival of the industrial activities. According to the data published by the National Load Dispatch Center (NLDC), the national peak demand in December'20 saw 7% YoY increase while the energy consumption registered 5% YoY growth. IEX managed to grow at much higher pace in FY21 despite the Covid-19 disruption. The main reason for the increase in volumes through IEX was the power traded through their platforms offered the customer lowest possible rates suitable for their respective cost saving measures during the lockdown....