IEX monthly electricity traded volume rises 25.5 percent YoY

The Real-Time Market (RTM) recorded its highest-ever monthly volume of 5,109 MU in July 2025, marking a 53% YoY increase, along with an all-time high single-day volume of 204.6 MU on July 27, while the average DAM price dropped 16% YoY to ₹4.18/unit.

Indian Energy Exchange, India’s premier electricity exchange achieved highest ever monthly electricity traded volume (inclusive of TRAS) of 12,664 MU in July ’25, marking a 25.5 percent increase on year-on-year basis. A total of 16.26 lakh Renewable Energy Certificates were traded during the month.

According to government data published in July ’25, the country’s energy consumption reached 153.6 BUs, an increase of 2.6 percent compared to the previous year. Despite the increase in demand, prices on power exchanges were lower compared to previous year, owing to higher supply side liquidity on the exchange platform. The market clearing Price in the Day Ahead Market at ₹4.18/unit during July’25, declined 16 percent YoY. Similarly, price in the Real Time Market at ₹3.83/unit during July’25, declined 23 percent YoY.

These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges.

Electricity market: Day-Ahead, Term-Ahead & Real – Time Market

The Day-Ahead Market (DAM) including HPDAM achieved 5,510 MU volume in July’25 as compared to 5,056 MU volume in July’24, increase of 9 percent YoY.

The Real-Time Electricity Market (RTM) reported highest ever monthly traded volume in July’25. The RTM volume increased to 5,109 MU in July’25, from 3,334 MU in July’24, registering an increase of 53 percent YoY.

Day Ahead Contingency and Term-Ahead Market (TAM), comprising of HPTAM, contingency, daily and weekly and monthly contracts up to 3 months, traded 917 MU in July’25 as compared to 714 MU volume in July’24, increase of 28 percent YoY.

Green Market: Green Day-Ahead & Green Term – Ahead Market

IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 1,025 MU volume during July’25 as compared to 990 MU in July’24, registering an increase of 4 percent YoY. The weighted average price in Green Day-Ahead Market (G-DAM) for July’25 was ₹3.91/unit.

Renewable Energy Certificate Market (REC Market)

A total of 16.26 lakh RECs were traded in the trading sessions held on 09th July’25 and 30th July’25, at a clearing price of Rs.360/REC. REC traded volume in July’25 decreased by 48 percent on YoY basis. The next REC trading sessions at the Exchange are scheduled on 13^th Aug’25 and 27^th Aug’25.