Indian Energy Exchange Ltd (IEX) has reported a significant milestone in its monthly electricity trading, achieving a traded volume of 11,233 million units (MU) in October 2025. This marks a 16.5% year-on-year increase, reflecting the exchange's robust performance in a competitive market. The growth in trading volume is supported by a rise in renewable energy sources, as evidenced by the trading of 6.19 lakh Renewable Energy Certificates (RECs), which also saw a 39.4% increase compared to the previous year.
The data reveals that the Real-Time Market (RTM) saw a particularly strong performance, with a volume of 4,583 MU, up 46.8% year-on-year. In contrast, the Day-Ahead Market (DAM) recorded a volume of 4,684 MU, a modest increase of 6.7% year-on-year. The average prices in both markets have experienced substantial declines, with the average DAM price dropping to Rs. 2.67/unit, down 32% from the previous year, and the RTM price falling to Rs. 2.73/unit, down 27.8%. These price reductions provide a valuable opportunity for Distribution Companies (Discoms) and commercial consumers to secure electricity at more competitive rates.
Additionally, the Green Market has shown promising growth, with a total trading volume of 1,055 MU, a 21% increase from October 2024. The weighted average price in the Green Day-Ahead Market for October was reported at Rs. 2.47/unit. As the exchange continues to facilitate efficient trading and price discovery, it remains committed to enhancing the accessibility and transparency of India's energy market. The recent increase in trading volumes and the decline in prices underscore the ongoing transition towards a more sustainable and economically viable energy landscape in India.