IEX trade volumes grow 26% to 10,584 MUs in April; check all updates

A total of 2.90 lakh renewable energy certificates (RECs) were traded in the trading sessions held on April 9 and April 30, at a clearing price of ₹300/REC and ₹350/REC, respectively. The next REC trading sessions are scheduled on May 14 and May 28, the country's leading electricity exchange said in a statement.

In the Day-Ahead Market (DAM), IEX achieved 4,231 MU volumes in April as compared to 4,116 MU in April last year, posting a YoY rise of 3%.

The volumes in the Real-Time Electricity Market (RTM) increased by 48% YoY to 3,893 MUs in April from 2,629 MUs in the same month in 2024.

IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 782 MU volumes during April 2025 as compared to 402 MU in April 2024, registering an increase of 95% YoY.

According to government data published in April 2025, the country's energy consumption reached 147.5 BUs, an increase of 2.2% compared to the previous year. On April 25, 2025, peak demand reached 235 GW, surpassing the maximum peak demand of 224 GW recorded in April 2024.

Despite the increase in power demand, the average market clearing price in the Day Ahead Market during April 2025 remained competitive at ₹5.20/unit, similar to last year, due to increased supply, IEX said.

“Looking ahead to FY’26, peak power demand is expected to exceed 270 GW. In response to this rising demand, the government has implemented necessary measures, including the mandatory operation of imported coal-based plants, gas-based plants, and better availability of coal. These measures will also enhance sell liquidity on the power exchanges,” IEX said in a statement to stock exchanges.

IEX is India's premier energy exchange, providing a nationwide, automated trading platform for the physical delivery of electricity, renewable energy and certificates, including renewable energy certificates as well as 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.

On Monday, IEX settled at ₹195 per share, rising 2.26% on the National Stock Exchange.