IEX records highest ever annual electricity trade at 141 BU in FY’26

Indian Energy Exchange (IEX) reported its highest ever annual traded electricity volume of 141 billion units (BU) for the fiscal year 2025–2026, marking a 17% increase over the previous year. The growth was supported by improved supply liquidity and lower power prices on the exchange.

In a media release issued April 6, 2026, IEX stated that India’s power demand rose by 1.1% year on year during the fiscal year. Increased generation from wind, hydro, and solar sources, along with continued coal-based supply, added to market liquidity. The average Day-Ahead Market (DAM) price declined 13.7% to Rs 3.86 per unit, while the Real-Time Market (RTM) price fell 16% to Rs 3.59 per unit compared to FY’25. 

For the fourth quarter of FY’26, IEX reported its highest ever quarterly traded volume of 39.4 BU, up 24.3% year on year. In March 2026, monthly traded volume reached a record 13.90 BU, reflecting a 23.5% increase from March 2025. As per government data published in March 2026, national energy consumption stood at 149.56 BU, registering a 1.8% year-on-year rise.

The exchange also recorded its highest ever annual trade in Renewable Energy Certificates (RECs), with 187.20 lakh certificates traded in FY’26, up 5% from the previous year. In March 2026, REC volumes increased 119.9% year on year to 28.94 lakh, with a clearing price of Rs 340 per REC. The next REC trading sessions are scheduled for April 8 and April 29, 2026.

The Green Market segment, which includes Green Day-Ahead and Green Term-Ahead markets, recorded a traded volume of 10.78 BU in FY’26, a 23% increase year on year. The weighted average price in this segment stood at Rs 3.59 per unit, down 10.6% compared to FY’25.