Indian Energy Exchange (IEX) has announced its power market update for October 2026. The exchange recorded a total traded electricity volume of 13,092 MUs, representing a 16.5% increase year-on-year. This growth was driven by a surge in national energy consumption and significant price appreciation across key market segments like the Day-Ahead Market and Real-Time Market. The Renewable Energy Certificate market also saw substantial YoY growth.
IEX Power Market Update for October 2026 Released
Indian Energy Exchange (IEX) has released its media release detailing the performance of its power market in October 2026. The exchange facilitated a total monthly electricity traded volume of 13,092 Million Units (MUs), marking a notable 16.5% increase compared to the same period last year. This growth underscores the increasing demand and trading activity on the platform.
Key Market Performance Highlights
The announcement highlights that the Real-Time Market (RTM) segment achieved a volume of 5,670 MU in October 2026, up by 23.7% year-on-year. In contrast, the Day-Ahead Market (DAM) saw a slight decline of 3.8% YoY, with a volume of 4,508 MU. However, the Day Ahead Contingency and Term-Ahead Market (TAM) experienced substantial growth, trading 2,175 MU, an increase of 138.8% year-on-year.
Price Trends and Consumption Growth
India’s overall energy consumption rose by 21.9% year-on-year in October 2026. This increased demand led to higher prices in the Day-Ahead Market, with the average market clearing price surging by 149% year-on-year to Rs 6.66/unit. The Real-Time Market also saw a significant price increase of 112% year-on-year, with an average clearing price of Rs 5.78/unit.
Green Market Performance
The IEX Green Market, which includes the Green Day-Ahead and Green Term-Ahead Market segments, recorded a volume of 738 MU in October 2026, a decrease of 30% YoY. Despite the volume dip, the weighted average price in the Green Day-Ahead Market (G-DAM) increased by 67% year-on-year to Rs 4.13/unit.
Renewable Energy Certificate Market
In the Renewable Energy Certificate (REC) Market, a total of 12.22 lakh RECs were traded in October 2026, a significant increase of 97.5% year-on-year. Trading sessions were held on October 14th and 28th, with clearing prices of Rs 338/REC and Rs 330/REC, respectively. The next REC trading sessions are scheduled for November 11th and 25th, 2026.
Source: BSE
