IEX reports strong October growth in power market trading volumes

The Indian Energy Exchange (IEX) announced an 11,233 MU monthly electricity traded volume in October 2025, a 16.5% year-on-year (YoY) increase. The Real-Time Market (RTM) was a key driver, with volumes increasing to 4,583 MU, a 46.8% YoY jump, accounting for 37.8% of total traded volumes. The Day-Ahead Market (DAM) also grew to 4,684 MU, up 6.7% YoY, representing 38.7% of total volumes.

Despite a 6% decline in national energy consumption, IEX noted higher supply liquidity due to enhanced hydro, wind, and solar generation. This led to a 32% YoY decrease in the DAM clearing price to ₹2.67/unit and a 27.8% YoY decrease in the RTM price to ₹2.73/unit, presenting a competitive opportunity for Discoms and industrial consumers.

The Green Market, including Day-Ahead and Term-Ahead segments, achieved 1,055 MU, a 21% YoY increase, with a weighted average price of ₹2.47/unit. Additionally, 6.19 lakh Renewable Energy Certificates were traded at a clearing price of ₹370/REC, marking a 39.4% YoY increase.