IEX Trades 34.08 BU Electricity, 18.63 Lakh RECs in Q3FY’26

Indian Energy Exchange (IEX), India’s electricity trading platform, reported a robust Q3FY’26 performance, achieving 34.08 BU of electricity traded, up 11.9 percent year-on-year. The exchange also traded 18.63 lakh Renewable Energy Certificates (RECs) during the quarter.

Lower Day-Ahead Market (DAM) and Real-Time Market (RTM) prices reflected increased hydro and wind generation, alongside steady coal-based supply. The DAM cleared at INR 3.22/unit, down 13.2 percent YoY, while the RTM price fell 11.6 percent to INR  3.26/unit, presenting cost-effective opportunities for discoms and industrial consumers.

In December 2025, IEX recorded 11.44 BU of monthly electricity traded, up 2.8 percent YoY, alongside 7.7 lakh RECs. DAM and RTM prices slightly increased to INR  3.92/unit and INR  3.93/unit, respectively. Government data showed India’s electricity consumption rose 7 percent YoY to 138.39 BU.

The Green Market, comprising Green Day-Ahead and Green Term-Ahead segments, achieved 2,647 MU in Q3FY’26, a 7.2 percent increase, while December volumes were 777 MU. REC market trading fell 29.8 percent YoY for the quarter, with December volumes declining 53.7 percent YoY. The next REC trading sessions are scheduled for January 14 and 28, 2026.

IEX provides a nationwide, automated platform for electricity and renewable energy certificate trading, ensuring transparency, price discovery, and efficient market access.