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IEX Reports 16% YoY Growth in Power Trade, Hits Record REC Transactions

IEX also recorded its highest-ever monthly trade of 38.03 lakh Renewable Energy Certificates (RECs), reflecting a 150% YoY surge
Indian Masterminds Stories

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.

Also Read: Oil India Launches Wholly-Owned Subsidiary, OIL Green Energy Limited, to Pursue Renewable Energy Ventures

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.

Also Read: MNRE to Highlight India’s Renewable Energy Journey with Special Tableau at Republic Day Parade


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