Mumbai: : Indian Energy Exchange (IEX), India's premier electricity exchange, achieved its highest-ever monthly electricity traded volume of 13,050 MU in January 2026, marking a 19.6% increase year-on-year. This milestone came alongside a significant decline in power prices, providing substantial savings for distribution companies and industrial consumers.
KEY HIGHLIGHTS
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Record Volume: 13,050 MU traded (up 19.6% YoY)
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Price Decline: Average DAM price at ₹3.86/unit (down 12.9% YoY)
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RTM Surge: Real-Time Market volume reached 4,638 MU (up 52.8% YoY) at average price of ₹3.72/unit (down 15.9% YoY)
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Green Market: 832 MU traded (up 10.7% YoY)
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REC Trading: 23.91 lakh Renewable Energy Certificates traded
MARKET ANALYSIS
According to government data, India's energy consumption reached 142.74 BUs in January 2026, an increase of 3.8% compared to the previous year. Enhanced hydro, wind, solar generation along with sustained supply from coal-based generation resulted in higher supply liquidity on the exchange platform, leading to a substantial decline in DAM and RTM prices.
DAY-AHEAD MARKET (DAM)
Achieved 6,182 MU volume (up 2.8% YoY) at average price of ₹3.86/unit.
REAL-TIME MARKET (RTM)
Volume increased to 4,638 MU (up 52.8% YoY) at average price of ₹3.72/unit.
TERM-AHEAD MARKET (TAM)
Traded 1,397 MU (up 26.2% YoY).
GREEN MARKET
Achieved 832 MU volume (up 10.7% YoY) with G-DAM weighted average price at ₹4.06/unit (down 12.5% YoY).
RENEWABLE ENERGY CERTIFICATES
A total of 23.91 lakh RECs were traded during January 2026. The next REC trading sessions at the Exchange are scheduled on 11th February 2026 and 25th February 2026.
INDUSTRY IMPACT
The declining prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at competitive prices and replace costlier power through exchange procurement.
ABOUT INDIAN ENERGY EXCHANGE LIMITED
Indian Energy Exchange (IEX) is India's premier energy marketplace providing a transparent, automated, and efficient trading platform for physical delivery of electricity, Renewable Energy Certificates, and Energy Saving Certificates. The exchange enables efficient price discovery and increases the accessibility and transparency of the power market in India.
CONTACT
Indian Energy Exchange Ltd
Corporate Office: 9th Floor, Max Towers, Sector 16B, Noida, Uttar Pradesh–201301, India
Tel: +91-120-4648 100 | Website: www.iexindia.com