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IEX Trades 34.08 BU Electricity, 18.63 Lakh RECs in Q3FY’26
Jan 07, 2026
Indian Energy Exchange (IEX) reported strong trading performance in the third quarter of FY26, with total electricity volumes reaching 34.08 billion units (BU), marking an 11.9% year-on-year increase.
During the quarter, the exchange also recorded trading of 18.63 lakh renewable energy certificates (RECs), reflecting continued activity across India’s power markets.
Average prices in the Day-Ahead Market (DAM) and Real-Time Market (RTM) declined during the quarter, supported by higher availability of hydro and wind generation and stable coal-based supply.
The DAM cleared at an average price of Rs 3.22 per unit, down 13.2% year-on-year, while RTM prices averaged Rs 3.26 per unit, an 11.6?cline, offering cost-efficient procurement opportunities for distribution companies and large consumers.
In December 2025, IEX recorded monthly electricity trading volumes of 11.44 BU, up 2.8% compared to the same month last year, along with 7.7 lakh RECs traded.
During the month, DAM and RTM prices edged up slightly to Rs 3.92 per unit and Rs 3.93 per unit, respectively.
Government data indicated that India’s electricity consumption increased 7% year-on-year in December to 138.39 BU.
The exchange’s Green Market, which includes the Green Day-Ahead and Green Term-Ahead segments, achieved a total traded volume of 2,647 million units (MU) in Q3FY26, registering a 7.2% increase year-on-year.
Green market volumes in December stood at 777 MU.
REC market activity declined during the quarter, with traded volumes falling 29.8% year-on-year, while December REC trading dropped 53.7% year-on-year.
The next REC trading sessions on IEX are scheduled for January 14 and January 28, 2026.
IEX operates a nationwide, automated trading platform for electricity and renewable energy certificates, providing transparent price discovery, efficient market access, and a wide range of products to support India’s evolving power and renewable energy ecosystem.