IEX achieves record volumes, dividend despite price declines in FY25

Indian Energy Exchange (IEX) announced audited financial results for the year ended March 31, 2025, culminating in record-breaking electricity volumes and a final dividend declaration. Despite a 4.4% increase in power demand, improved sell-side liquidity led to a 14.7% decline in market clearing prices, resulting in a yearly average of INR4.47 per unit, compared to INR5.24 in FY24. Even with the reduction of unit prices, total power consumption reached 1,694 BUs in FY25, a 4.4% YoY increase.