Indian Energy Exchange achieved a monthly electricity traded volume (excluding Tertiary Reserve Ancillary Service) of 11,233 million units in October, as the electricity traded volume rose 16.5% YoY.
As per government data published last month, the country’s electricity consumption declined 6% year-on-year to 132 billion units.
The Day-Ahead Market (DAM) and Real-Time Market (RTM) prices for electricity saw a decline, led by higher supply liquidity on the electricity exchange platform, resulting from enhanced hydro, wind, and solar electricity generation, along with steady supply from coal-based generation.
For October, the market clearing price declined 32% to Rs 2.67/unit. Meanwhile the RTM prices fell 27.8% year-on-year to Rs 2.73/unit. Due to this decline, distribution companies and commercial and industrial (C&I) consumers had the opportunity to reduce their power procurement costs by purchasing electricity through the exchange, IEX said in its release.
YoY growth in DAM and RTM trading; TAM volumes Decline YoY
In October, the Day-Ahead Market (DAM), including the High Price Day-Ahead Market (HPDAM), rose 6.7% year-on-year to 4,684 million units, compared to 4,388 million units in the same period last year. Of the total traded volumes in October, the DAM segment accounted for 38.7%, the exchange said.
During the same month, the Real-Time Market (RTM) electricity volume increased 46.8% year-on-year to 4,583 million units, compared to 3,123 million units in October 2024. The RTM segment contributed 37.8% of the total traded volume during the month.
The Day-Ahead Contingency and Term-Ahead Market (TAM), comprising High Price TAM (HPTAM), contingency, and daily, weekly, and monthly contracts of up to three months, traded 911 million units in October, compared to 1,260 million units in the same month last year, marking a 27.7% year-on-year decline.
Renewable Energy Push: Green Market Volumes Up 21% YoY
In IEX’s Green Market segment, which comprises the Green Day-Ahead Market (G-DAM) and Green Term-Ahead Market (G-TAM), the traded electricity volume increased 21% year-on-year to 1,055 million units in October 2025, compared to 872 million units in the same month last year. The weighted average price in the G-DAM for October stood at Rs 2.47/unit.
A total of 6.19 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 39.4% year-on-year rise. The certificates were traded during sessions held on October 8 and October 29, 2025. The clearing price for RECs stood at Rs 307 per certificate. IEX’s next REC trading sessions are scheduled for November 25 and 26, the release said.
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IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates. The exchange platform enables efficient price discovery and increases the accessibility and transparency of the energy market in India while also enhancing the speed and efficiency of trade execution. The Exchange is ISO Certified for quality management, Information security management and environment management since August 2016. The Exchange is a publicly listed company with NSE and BSE since October 2017 and is approved and regulated by Central Electricity Regulatory Commission since 27 June 2008. For further details, log on to: http://www.iexindia.com