IEX reports strong power market volume growth despite price declines

The Indian Energy Exchange (IEX) announced a 16.1% year-on-year growth in electricity traded volume, reaching 35,217 MU (excluding TRAS) for Q2 FY26. Real-Time Market (RTM) volumes saw a 39.1% increase, while the Green Market grew by 17.7% during the quarter. Despite increased volumes, the average Day-Ahead Market (DAM) price decreased by 12.5% to Rs 3.93/unit, and the average RTM price fell by 16.1% to Rs 3.51/unit compared to Q2 FY25.

For September 2025, IEX recorded a monthly traded volume of 11,065 MU (excluding TRAS), a 7.1% increase year-on-year. RTM volumes rose by 22.3%, and Green Market volumes surged by 50% from the previous year. The average DAM price in September 2025 was Rs 3.58/unit, a 14.5% decline, and the average RTM price was Rs 3.31/unit, down 16.8% year-on-year, offering competitive prices for consumers.

The Day-Ahead Market (DAM) registered 14,534 MU in Q2 FY26, a 1.4% increase, while the Real-Time Electricity Market (RTM) achieved 14,925 MU, up 39.1%. The Green Market segment traded 3,040 MU, an increase of 17.7% over Q2 FY25. Renewable Energy Certificates (RECs) traded totaled 44.22 lakh in Q2 FY26, a 29.8% decline, and 6.27 lakh in September 2025, decreasing 39.2% year-on-year.