Out of the total electricity generation of 61,076.19 million units (MU), excluding generation from renewable sources and captive power plants, in the country, a total of 5,708.12 MUs, or 9.35%, were transacted in the short-term, during the month of February 2010. Such transactions consist of 2,726.43 MUs (4.46% of the total electricity generation) through bilateral mechanisms, that is through licensed traders, power exchanges and directly between the distribution companies, 2,214.72 MUs (3.63%) through unscheduled interchange (UI) and 766.97 MUs (1.26%) through the two power exchanges, namely Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL).
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