Indian Energy Exchange Reports 16.5% Increase in October Power Volume
Filing Summary
Indian Energy Exchange Ltd reported a 16.5% year-on-year increase in electricity traded volume, reaching 11,233 MU in October 2025. The Day-Ahead Market (DAM) and Real-Time Market (RTM) showed significant growth, with RTM volumes rising by 46.8% year-on-year. The average Day-Ahead Market price decreased by 32% to Rs 2.67 per unit, while the Real-Time Market price fell by 27.8% to Rs 2.73 per unit. The Green Market also saw a 21% increase in traded volume. A total of 6.19 lakh Renewable Energy Certificates were traded, marking a 39.4% increase year-on-year.
Indian Energy Exchange Ltd reported a monthly electricity traded volume of 11,233 MU in October 2025, reflecting a 16.5% increase compared to the same period last year. The company also recorded a total of 6.19 lakh Renewable Energy Certificates traded during the month, representing a 39.4% year-on-year increase. The average price in the Day-Ahead Market (DAM) was Rs 2.67 per unit, a 32% decrease from the previous year. Similarly, the Real-Time Market (RTM) price averaged Rs 2.73 per unit, down 27.8% year-on-year.
The Day-Ahead Market, including HPDAM, achieved a volume of 4,684 MU in October 2025, marking a 6.7% increase from October 2024. This segment accounted for 38.7% of the total traded volumes. The Real-Time Market saw a substantial increase, with volumes rising to 4,583 MU, a 46.8% increase year-on-year, accounting for 37.8% of the total traded volumes. The Day Ahead Contingency and Term-Ahead Market, including HPTAM, traded 911 MU, a 27.7% decline from the previous year.
The Green Market, which includes the Green Day-Ahead and Green Term-Ahead Market segments, achieved a volume of 1,055 MU in October 2025, up 21% from October 2024. The weighted average price in the Green Day-Ahead Market was Rs 2.47 per unit. The Renewable Energy Certificate Market saw 6.19 lakh RECs traded at a clearing price of Rs 370 per REC. The next REC trading sessions are scheduled for November 12 and November 26, 2025.
According to government data, India’s energy consumption in October 2025 reached 132 BUs, a 6% decline from the previous year. Increased hydro, wind, and solar generation, along with a steady supply from coal-based generation, contributed to higher supply liquidity on the exchange platform. This resulted in a decline in DAM and RTM prices, providing an opportunity for Discoms and Commercial & Industrial consumers to procure power at competitive rates.
Indian Energy Exchange Ltd is India’s premier energy exchange, providing a nationwide automated trading platform for the physical delivery of electricity, renewable energy, and certificates, including renewable energy certificates. The exchange platform facilitates efficient price discovery and enhances the accessibility and transparency of the energy market in India. The company is ISO certified for quality management, information security management, and environment management since August 2016. It is a publicly listed company on NSE and BSE since October 2017 and is regulated by the Central Electricity Regulatory Commission since June 2008.