IEX Power Market Update February 2026: Electricity Trading Jumps 30% to 12,550 MU
New Delhi: Indian Energy Exchange (IEX) recorded a strong performance in February 2026, with monthly electricity traded volume reaching 12,550 million units (MU), marking a 30.4% year-on-year growth, according to the company’s latest power market update.
The exchange also achieved its highest daily average electricity traded volume of 448 MU, highlighting growing activity in India’s power trading market.
Power Demand and Price Trends
According to government data, India’s electricity consumption reached 133 billion units (BU) in February 2026, registering a 1.9% increase compared to the previous year.
Despite rising demand, electricity prices on power exchanges declined due to higher supply liquidity in the power market.
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Average Day Ahead Market (DAM) price: ₹3.58 per unit (down 18.3% YoY)
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Average Real Time Market (RTM) price: ₹3.59 per unit (down 18.7% YoY)
Lower prices allowed discoms and industrial consumers to procure electricity at competitive rates through the exchange platform.
Electricity Market Performance
The Day Ahead Market (DAM) traded 6,588 MU in February 2026, compared with 5,369 MU in February 2025, representing a 22.7% year-on-year increase.
The Real-Time Market (RTM) saw the strongest growth, with trading volume rising to 4,379 MU, up 51.7% from 2,887 MU last year.
Meanwhile, the Term-Ahead Market (TAM) recorded 775 MU of electricity trading, slightly lower than 814 MU in February 2025, marking a 4.7% decline.
Growth in Green Power Market
The green electricity segment on the exchange also witnessed strong growth.
The Green Day-Ahead Market and Green Term-Ahead Market together traded 808 MU in February 2026, a 46.3% increase compared to 552 MU in February 2025.
The average price in the Green Day-Ahead Market (G-DAM) was ₹3.43 per unit, which was 25.3% lower year-on-year.
Renewable Energy Certificate (REC) Market
A total of 18.86 lakh Renewable Energy Certificates (RECs) were traded during February 2026 across two trading sessions.
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REC price on 11 February 2026: ₹333 per certificate
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REC price on 25 February 2026: ₹337 per certificate
The REC trading volume registered a 15.2% increase year-on-year.
The next REC trading sessions on the exchange are scheduled for 11 March 2026 and 25 March 2026.
About IEX
Indian Energy Exchange is India’s premier energy exchange that provides an automated trading platform for electricity, renewable energy, energy saving certificates and renewable energy certificates.
The exchange plays a key role in enabling efficient price discovery, transparency and faster trade execution in the Indian power market.
The company has been **regulated by the Central Electricity Regulatory Commission since 2008 and has been listed on stock exchanges since 2017.