The Indian Energy Exchange (IEX) recorded a 19% year-on-year increase in trade volume, reaching 121 billion units (BUs) in FY25, according to a company statement released on Friday. Additionally, the exchange witnessed a significant rise in Renewable Energy Certificate (REC) trading, with a total of 178 lakh RECs traded during the year, marking a twofold increase compared to the previous year. The next REC trading sessions are scheduled for April 9 and April 30.
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March 2025 proved to be a record-breaking month for IEX as it achieved its highest-ever monthly electricity traded volume of 11,215 million units (MUs), reflecting a 29% year-on-year growth. During the same period, 13 lakh RECs were traded, an 18% increase over March 2024. The Day-Ahead Market (DAM) saw a notable rise, reaching 61,311 MU in FY25, up 15% from 53,353 MU in the previous financial year. In March alone, the DAM volume increased by 19% to 5,547 MU from 4,654 MU a year earlier.
The Real-Time Electricity Market (RTM) recorded a strong performance with a 29% year-on-year increase, reaching 38,898 MU in FY25, compared to 30,125 MU in FY24. The market continued its upward trend in March, with RTM volume rising by 34% to 3,727 MU from 2,786 MU in March 2024. The Day-Ahead Contingency and Term-Ahead Market (TAM), which includes contracts for contingency, daily, weekly, and monthly periods of up to three months, traded 1,320 MU in March 2025, registering a significant 64% year-on-year growth.
The green market also showed strong momentum, with e-Green Day-Ahead and Green Term-Ahead Market volumes reaching 621 MU in March 2025, marking a 46% rise compared to 426 MU in the same month last year.
As India’s premier energy exchange, IEX continues to provide a nationwide, automated trading platform for the physical delivery of electricity, renewable energy, and various energy certificates, including RECs and energy-saving certificates.
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