Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 10,852 MU in June 2025, marking a 6.5 per cent increase on year-on-year basis, according to an official release.
For the first quarter of the fiscal year 2026, IEX achieved electricity traded volume of 32,382 MU, marking a 15 per cent year-on-year increase. During the quarter, IEX traded 52.65 lakh renewable energy certificates recording a 149 per cent year-on-year increase.
According to government data published in June 2025, the country’s energy consumption reached 150.04 BU, representing 1.5 per cent decline year-on-year due to early onset of monsoons. The Market Clearing Price in the Day Ahead Market at Rs.3.90 per unit during June 2025, declined 28 per cent over that in June 2024. Similarly, the market clearing price in the Real Time Market at Rs 3.73 per unit during June 2025, declined 26 per cent year-on-year, the release said.
Decline in DAM, RTM prices
During the first quarter of this financial year, widespread rains kept temperatures lower, leading to lower-than-expected electricity demand in the summer months. Simultaneously, increased hydro, wind, and sustained supply from coal-based generation resulted in higher supply liquidity on the exchange platform, which led to a substantial drop in DAM and RTM prices, the IEX release noted.
The Market Clearing Price in the Day-Ahead Market at Rs.4.41 per unit during Q1 FY26 declined 16 per cent compared to Q1 FY25. Similarly, the Market Clearing Price in the Real-Time Market at Rs 3.91 per unit during Q1FY26 declined 20 per cent compared to Q1FY25.
Notably, during the quarter, on May 25, 2025, heavy rains pushed RTM prices down to Rs 1.53/unit, with near-zero prices during several time blocks (9:15 AM to 2:30 PM), the release observed.
These prices presented an opportunity for discoms and C&I consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges.
REC Market
A total of 32.32 lakh RECs were traded in the trading sessions held on June 11, 2025 and June 25, 2025, at a clearing price of Rs.350 per REC and Rs.360 per REC, respectively. REC traded volume in June 2025 increased by 636 per cent on year-on-year basis. The next REC trading sessions on IEX are scheduled on July 9, 2025 and July 30, 2025.
Also read: Electricity trade volume up 16 per cent on IEX