The Indian Energy Exchange (IEX) traded 10,910 million units (MUs) of electricity in January 2025, marking a 16% year-on-year (YoY) growth, the company announced in an exchange filing on Tuesday.
IEX also recorded its highest-ever monthly trade of 38.03 lakh Renewable Energy Certificates (RECs), reflecting a 150% YoY surge. These transactions took place on January 8 and 29, at a clearing price of Rs. 325/REC and Rs. 340/REC, respectively.
Key segment-wise performance:
- Day-Ahead Market (DAM): 6,015 MU traded, up 9% YoY (from 5,540 MU in January 2024).
- Real-Time Electricity Market (RTM): 3,036 MU traded, reflecting a 28% YoY increase (from 2,380 MU last year).
- Green Term-Ahead Market (G-TAM): 50 MU traded, up 89% YoY (from 27 MU in January 2024), with an average non-solar price of Rs. 4.77/unit.
The growth highlights IEX’s strong market performance, driven by increased demand and a robust renewable energy segment.
The Indian Energy Exchange (IEX) is India’s premier power trading platform, facilitating the transparent and efficient buying and selling of electricity. It plays a key role in promoting competitive electricity markets and renewable energy trading in the country.
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