IEX April volume rises 16.6% to 12,341 MU on RTM surge
Indian Energy Exchange (IEX) reported a 16.6% year-on-year (YoY) increase in electricity traded volume to 12,341 million units (MU) in April 2026, supported by strong growth in the Real-Time Market (RTM).
India’s total energy consumption reached 154 billion units (BUs) in April, up 4% YoY. Demand was influenced by variable weather conditions, including unseasonal rainfall and peak summer heat, with peak demand touching a record 256 GW.
The Day-Ahead Market (DAM) recorded volumes of 4,624 MU, an increase of 8.7% YoY. Buy bids rose 31% YoY, with the average market clearing price at Rs 5.26 per unit. Early-month rainfall moderated demand at intervals, pushing prices below Rs 3.5 per unit on several days and enabling distribution companies (DISCOMs) and commercial and industrial (C&I) consumers to optimise procurement costs.
The RTM contributed significantly, with traded volume of 5,069 MU, marking a 30.2% YoY increase. The segment recorded its highest-ever single-day volume of 250 MU on April 30, 2026. Higher renewable generation during solar hours led to near-zero prices in multiple time blocks. The average clearing price in RTM stood at Rs 4.82 per unit.
The Term-Ahead Market, including contingency, daily, and weekly contracts, traded 1,807 MU, up 9.1% YoY.
In the green segment, the IEX Green Market recorded 841 MU, a 7.5% increase YoY. The weighted average price in the Green Day-Ahead Market (G-DAM) was Rs 3.79 per unit, down 6.9%.
The Renewable Energy Certificate (REC) market saw volumes decline 59.4% YoY to 1.18 lakh RECs. While buy bids increased 42% YoY, sell bids fell by nearly 87%, resulting in higher clearing prices.
