IEX records highest-ever monthly power trade in January 2026

Indian Energy Exchange (IEX) reported its highest monthly electricity traded volume at 13,050 million units (MU) in January 2026, up 19.6% from the same month last year. Higher supply liquidity and lower prices across key segments supported the increase in market activity.

In a regulatory filing to stock exchanges, IEX said volumes in the Real-Time Market (RTM) rose to 4,638 MU, reflecting a 52.8% year-on-year increase. The exchange noted that the growth in market volumes coincided with a 3.8% rise in national energy consumption in January 2026, as per government data.

The exchange attributed the improved supply conditions to higher generation from hydro, wind, solar, and coal-based sources. This led to a decline in market prices. The average market clearing price in the Day-Ahead Market (DAM) stood at Rs 3.86 per unit, down 12.9% year-on-year. The average RTM price was Rs 3.72 per unit, a decline of 15.9%. IEX said the lower prices enabled distribution companies and industrial consumers to procure power at competitive rates.

Trading in the Green Market, which includes the Green Day-Ahead and Term-Ahead segments, reached 832 MU, marking a 10.7% increase compared to January 2025. In the Renewable Energy Certificates (RECs) segment, 23.91 lakh certificates were traded across two sessions, representing a 37.1% year-on-year decline. The next REC trading sessions are scheduled for February 11 and 25, 2026.

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