The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.8 billion units (BU) in August 2025, an 18.9% year-over-year (YoY) increase.

IEX said the country’s energy consumption during the month reached 150.47 BU, a 4.4% growth over the same period in 2024. Despite the increase in demand, prices on power exchanges were lower compared to the previous year, owing to higher liquidity on the supply side of the exchange platform.

The market clearing price in the Day Ahead Market was  ₹4 (~$0.0454)/kWh, down 7% YoY. Similarly, price in the Real Time Market was ₹3.38 (~$0.0384)/kWh, down 6% YoY.

Green Market

IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 930 MU volume during August 25 as compared to 871 MU in August 2024, registering an increase of 7% YoY. The weighted average price in the Green Day-Ahead Market (G-DAM) was ₹3.73 (~$0.0424)/kWh.

Electricity Market

The Day-Ahead Market (DAM), including HP-DAM, saw a traded volume of 4,797 MU in August as compared to 4,666 MU volume in the corresponding month last year, an increase of 3%. The DAM segment accounted for 34% of the total traded volumes in August.

The Real-Time Electricity Market (RTM) volume increased 44% YoY to 5,029 MU in August from 3,485 MU. The RTM segment accounted for 36% of the total traded volume.

The Day Ahead Contingency and Term-Ahead Market (TAM), comprising HP-TAM, contingency, daily and weekly, and monthly contracts up to 3 months, traded 835 MU in August as compared to 893 MU in August 2024, a decline of 6.4% YoY.

Renewable Energy Certificate (REC) Market

A total of 2.16 million RECs were traded in the trading sessions held on August 12 and 28, at a clearing price of ₹360 (~$4.09). REC traded volume in August increased by 2.5% YoY. The next REC trading sessions at the Exchange are scheduled on September 10 and 24.

IEX achieved a monthly electricity volume of 12.66 BU in July 2025, a 25.5% YoY increase.