The opening month of the current fiscal year saw electricity trade volume on the Indian Energy Exchange (IEX) grow 26 per cent, year-on-year.
In a release, IEX said that it achieved monthly electricity traded volume of 10,584 MU in April 2025, marking a 26 per cent increase on year-on-year basis. A total of 2.90 lakh Renewable Energy Certificates were traded during the month.
According to government data published in April 2025, the country’s energy consumption reached 147.5 BUs, increase of 2.2 per cent 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 (DAM) during April 2025 remained competitive at Rs. 5.20/unit, similar to last year, due to increased supply.
Looking ahead to FY26, 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, the release said.
Green Market
IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 782 MU volume during April 2025 as compared to 402 MU in April 2024, registering an increase of 95 per cent year-on-year. The weighted average price in Green Day-Ahead Market (G-DAM) for April 2025 was Rs 4.07 per unit.
REC trading
A total of 2.90 lakh RECs were traded in the trading sessions held on April 9 and April 30, 2025, at a clearing price of Rs.300 per REC and Rs.350 per REC, respectively.
The next REC trading sessions on IEX are scheduled on May 14, 2025 and May 28, 2025, the release added.
Also read: IEX trading volume up 19 per cent in FY25