IEX reports 19 pc rise in trade volume at 121 billion units in FY25

IEX Records 19% Surge in Trade Volume in FY25; Sets New Monthly Electricity Trading Record in March​

New Delhi, April 4 — The Indian Energy Exchange (IEX) reported a robust 19% year-on-year increase in total trade volume, reaching 121 billion units (BUs) in the financial year 2024–25 (FY25), the company announced on Friday.

Renewable Energy Certificate (REC) Trading Doubles​

Highlighting a strong push towards sustainable energy, IEX facilitated the trading of 178 lakh Renewable Energy Certificates (RECs) during FY25 — more than double the number traded in the previous financial year. For April 2025, the next REC trading sessions are scheduled for April 9 and April 30.

March 2025: Record-Breaking Month for Electricity Trade​

March 2025 marked a milestone for IEX, with the highest-ever monthly electricity trade volume of 11,215 million units (MUs) — a 29% increase compared to March 2024. REC trading for the month also saw an 18% rise, with 13 lakh RECs traded.

Segment-Wise Performance in FY25​

Day-Ahead Market (DAM)​

• Traded 61,311 MU in FY25, up 15% from 53,353 MU in FY24.
• March 2025 DAM volume rose to 5,547 MU, marking a 19% YoY increase from 4,654 MU.

Real-Time Market (RTM)​

• Volume surged 29% to 38,898 MU in FY25 from 30,125 MU in FY24.
• In March alone, RTM trade rose to 3,727 MU, a 34% increase over 2,786 MU last year.

Day-Ahead Contingency and Term-Ahead Market (TAM)​

• These markets, including contingency, daily, weekly, and monthly contracts (up to 3 months), traded 1,320 MUin March 2025, showing a significant 64% YoY growth.

Green Market​

• The e-Green Day-Ahead and Green Term-Ahead Market collectively traded 621 MU in March 2025.
• This marked a 46% increase from 426 MU recorded in March 2024.

About IEX​

IEX is India's leading energy exchange, offering a nationwide automated trading platform for the physical delivery of electricity, renewable energy, and certificates — including Renewable Energy Certificates (RECs) and Energy Saving Certificates (ESCerts). The platform continues to play a pivotal role in optimizing power distribution and accelerating the country's transition to a green energy future.