IEX recorded its highest-ever monthly electricity trade at 12,664 million units (MU) in July 2025, marking a 25.5% YoY increase, with Real-Time Market volumes surging 53% YoY to 5,109 MU.
The Day-Ahead Market (DAM) traded 5,510 MU, up 9% YoY, while the Green Market recorded 1,025 MU, showing a modest 4% YoY growth.
Market prices declined YoY, with the Day-Ahead price at ₹4.18/unit (down 16%) and Real-Time Market price at ₹3.83/unit (down 23%).
16.26 lakh Renewable Energy Certificates (RECs) were traded at ₹360/REC, though REC volumes fell 48% YoY despite two trading sessions in July.