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.
Indian Energy Exchange (IEX) on Tuesday said it had achieved highest-ever monthly electricity traded volume of 12,664 million units (MU) in July, marking an increase of 25.5% on a year-on-year basis.
A total of 16.26 lakh Renewable Energy Certificates (RECa) were traded during the month, an IEX statement said.
According to the statement, the market clearing price in the Day-Ahead Market was ₹4.18/unit during July, down 16% year-on-year (YoY).
Similarly, price in the Real Time Market was at ₹3.83/unit during July this year, a fall of 23% YoY.
The Day-Ahead Market (DAM) including HPDAM achieved 5,510 MU volume in July 2025, as compared to 5,056 MU volume in July 2024, an increase of 9% YoY.
The Real-Time Electricity Market (RTM) reported the highest-ever monthly traded volume in July this year.
The RTM volume increased to 5,109 MU in July 2025, from 3,334 MU in July 2024, registering an increase of 53% YoY.
Day-Ahead Contingency and Term-Ahead Market (TAM), comprising of HPTAM, contingency, daily & weekly and monthly contracts up to 3 months, traded 917 MU in July 2025, as compared to 714 MU volume in July 2024, an increase of 28% YoY.
IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 1,025 MU volume during July this year, as compared to 990 MU in July 2024, registering an increase of 4% YoY.
The weighted average price in Green Day-Ahead Market (G-DAM) for July 2025 was ₹3.91/unit.
A total of 16.26 lakh RECs were traded in the trading sessions held on July 9, 2025 and July 30, 2025, at a clearing price of ₹360/REC.
REC traded volume in July this year decreased by 48% on a YoY basis.
