Indian Energy Exchange (IEX) achieved its highest-ever monthly electricity traded volume of 13,050 MU in January 2026, marking a 19.6% year-over-year increase. The Real-Time Electricity Market (RTM) volume increased to 4,638 MU, a 52.8% YoY increase. The average Day Ahead Market (DAM) price was Rs 3.86/unit, lower by 12.9% YoY, and the average RTM price was Rs 3.72/unit, lower by 15.9% YoY.
Record Electricity Trading Volume
Indian Energy Exchange (IEX) reached a new milestone in January 2026, achieving its highest-ever monthly electricity traded volume of 13,050 MU. This represents a significant increase of 19.6% compared to the same period last year. Furthermore, 23.91 lakh Renewable Energy Certificates were traded during the month, showing continued commitment to renewable energy.
Market Performance and Pricing
The Day-Ahead Market (DAM) volume reached 6,182 MU in January 2026, up from 6,015 MU the previous year, reflecting a modest increase of 2.8% YoY. The Real-Time Electricity Market (RTM) witnessed substantial growth, with volume increasing to 4,638 MU in January 2026 from 3,036 MU in January 2025, a 52.8% YoY surge.
The average market clearing price in the Day Ahead Market (DAM) was Rs. 3.86/unit, a decrease of 12.9% compared to the previous year. Similarly, the price in the Real-Time Market (RTM) averaged Rs 3.72/unit, a decrease of 15.9% YoY. These reduced prices provided opportunities for consumers to procure power through exchanges at competitive rates.
Green Market Growth
The IEX Green Market, encompassing the Green Day-Ahead and Green Term-Ahead Market segments, achieved a volume of 832 MU in January’26, compared to 752 MU in January 25, indicating a 10.7% YoY increase. The weighted average price in the Green Day-Ahead Market (G-DAM) was Rs 4.06/ unit, down by 12.5% YoY.
Renewable Energy Certificates (REC)
A total of 23.91 lakh RECs were traded during the sessions on January 14th and 28th, 2026, with clearing prices of Rs.339/REC and Rs. 333/REC respectively. However, REC trading volume in January 2026 experienced a decrease of 37.1% on a YoY basis.
Source: BSE
