Indian Energy Exchange October ’25 Power Market Update

Indian Energy Exchange (IEX) achieved electricity traded volume of 11,233 MU in October ’25, a 16.5% year-on-year increase. Real-Time Electricity Market (RTM) volume rose by 46.8% year-on-year. The average Day Ahead Market (DAM) price was Rs 2.67 /unit, while the average RTM price was Rs 2.73 /unit. Renewable Energy Certificates traded reached 6.19 lakh, marking a 39.4% year-on-year increase.

Electricity Trading Volume Increases

The Indian Energy Exchange (IEX) announced that its monthly electricity traded volume (excluding TRAS) reached 11,233 MU in October ’25. This represents a substantial increase of 16.5% compared to the same period last year.

Renewable Energy Certificates (RECs) Traded

A total of 6.19 lakh Renewable Energy Certificates (RECs) were traded during the month. This also signifies a significant increase of 39.4% on a year-on-year basis, highlighting the growing interest and participation in the renewable energy market.

Market Prices Overview

The average market clearing price in the Day Ahead Market (DAM) for October’25 was recorded at Rs. 2.67/unit, a decrease of 32% year-on-year. Similarly, the Real Time Market (RTM) price averaged at Rs 2.73/unit during the same period, reflecting a decrease of 27.8% year-on-year.

Real-Time Electricity Market (RTM) Growth

The Real-Time Electricity Market (RTM) volume experienced substantial growth, reaching 4,583 MU in October ’25, compared to 3,123 MU in October ’24. This translates to a notable increase of 46.8% year-on-year. The RTM segment constituted 37.8% of the total traded volumes in October ’25.

Day-Ahead Market (DAM) Performance

The Day-Ahead Market (DAM), including HPDAM, achieved a volume of 4,684 MU in October 25, compared to 4,388 MU in October 24, reflecting an increase of 6.7% YoY. The DAM segment represented 38.7% of the total traded volumes for the month.

Green Market Performance

The IEX Green Market, encompassing the Green Day-Ahead and Green Term-Ahead Market segments, achieved a combined volume of 1,055 MU during October ’25, compared to 872 MU in October 24. This represents an increase of 21% YoY. The weighted average price in the Green Day-Ahead Market (G-DAM) for October’25 was Rs 2.47/unit.

Source: BSE

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