Indian Energy Exchange Limited clocks record 141 BU power trade in FY26
K N Mishra
06/Apr/2026
What's covered under the Article:
- Indian Energy Exchange Limited achieved its highest-ever annual electricity traded volume of 141 BU in FY26, up 17% year-on-year.
- Strong growth in RTM, green market and REC volumes, along with lower DAM and RTM prices, improved market liquidity and participation.
- Q4FY26 and March 2026 also recorded all-time high quarterly and monthly power trading volumes on the exchange platform.
Indian Energy Exchange Limited has delivered a landmark performance in India’s power trading ecosystem by reporting its highest-ever electricity traded volume of 141 billion units (BU) in FY26, marking a strong 17% year-on-year growth. The latest IEX power market update FY26 underlines the growing maturity of India’s electricity markets, rising liquidity, and stronger renewable integration. The headline IEX Hits Record 141 BU Power Volume in FY26 reflects both the scale of power market participation and the increasing importance of exchange-led price discovery.
This important Indian Energy Exchange Limited news was formally disclosed to both BSE Limited and National Stock Exchange of India under SEBI Regulation 30.
IEX Highest Traded Electricity Volume Sets New Benchmark
The biggest highlight from the IEX highest traded electricity volume report is the record 141 BU traded in FY26, compared with the previous fiscal.
This growth was supported by:
- stronger supply liquidity
- higher renewable generation
- better hydro and wind output
- stable coal-based generation
- wider participation across market segments
The IEX FY26 record 141 BU milestone signals deeper trust among power utilities, discoms, generators, industrial consumers, and renewable participants.
IEX Real Time Market Growth 41 Percent Drives Momentum
A major driver of this growth story is the IEX real time market growth 41 percent in FY26.
The Real-Time Market (RTM) traded 54.85 BU, up sharply from 38.90 BU in FY25. This reflects rising demand for short-duration balancing power as India’s renewable capacity continues to expand.
RTM is becoming increasingly important because it helps participants manage last-minute demand-supply mismatches, optimise costs, and improve renewable balancing.
The segment also delivered:
- 48.2% YoY growth in Q4FY26
- 41.7% YoY growth in March 2026
This confirms RTM’s rising role in India’s dynamic electricity market.
IEX Green Market Growth Latest News Shows Renewable Push
The IEX green market growth latest news was another major highlight of the FY26 performance.
The Green Market achieved 10.78 BU traded volume, rising 23% YoY, reflecting strong adoption of renewable energy trading mechanisms.
This segment includes:
- Green Day-Ahead Market (G-DAM)
- Green Term-Ahead Market (G-TAM)
The growth indicates increasing participation from renewable generators and buyers seeking clean power procurement, better price discovery, and ESG-aligned sourcing.
The segment also posted:
- 26.5% growth in Q4FY26
- 28.3% growth in March 2026
This further strengthens the role of exchange-led green power trading in India’s energy transition.
IEX REC Trade Volume FY26 Reaches New High
The IEX REC trade volume FY26 performance also remained robust.
The exchange traded 187.20 lakh Renewable Energy Certificates (RECs) during FY26, its highest-ever yearly REC trade, growing 5% YoY.
This reflects continued compliance demand and stronger participation in renewable obligation markets.
A particularly notable highlight was March 2026, when 28.94 lakh RECs were traded, showing a massive 119.9% YoY jump.
This surge indicates improving market depth and stronger renewable compliance activity.
IEX DAM RTM Prices Decline Improves Affordability
A very important aspect of the IEX DAM RTM prices decline story is the reduction in average market clearing prices.
For FY26:
- DAM average price: ₹3.86/unit, down 13.7% YoY
- RTM average price: ₹3.59/unit, down 16% YoY
Lower prices despite growing demand indicate strong supply-side liquidity, which benefits distribution companies and industrial buyers by reducing procurement costs.
This also demonstrates the increasing efficiency of India’s power exchanges.
IEX March 2026 Power Trade News Records Historic High
The IEX March 2026 power trade news was especially strong, with the exchange achieving its highest-ever monthly traded volume of 13.90 BU, up 23.5% YoY.
March also saw:
- RTM growth of 41.7%
- Green market growth of 28.3%
- REC volume growth of 119.9%
This indicates strong year-end demand balancing and active renewable compliance activity.
Power Trading Market India FY26 Growth Drivers
The broader power trading market India FY26 growth story was driven by multiple structural factors:
- rising renewable penetration
- flexible real-time balancing needs
- higher hydro generation
- stronger wind season performance
- robust coal supply
- improved grid flexibility
These trends are making power exchanges more central to India’s electricity market architecture.
As renewable energy becomes a larger share of the energy mix, real-time balancing and short-term trading volumes are expected to rise further.
Renewable Energy Certificate Market IEX Momentum
The renewable energy certificate market IEX continues to play a vital role in India’s clean energy compliance ecosystem.
RECs help obligated entities meet renewable purchase obligations without directly buying renewable electricity.
The strong rise in REC volumes shows:
- growing compliance participation
- improving renewable ecosystem depth
- stronger exchange-led transparency
- wider institutional adoption
This is positive for India’s long-term clean energy goals.
Quarterly and Monthly Records Strengthen Confidence
Beyond the annual record, the exchange also achieved:
- highest-ever quarterly traded volume of 39.4 BU in Q4FY26
- highest-ever monthly traded volume of 13.90 BU in March 2026
These milestones reflect strong momentum entering FY27.
Indian Energy Exchange Limited News Outlook
The future Indian Energy Exchange Limited news outlook remains positive as India’s power markets continue to evolve.
Key growth drivers include:
- rising electricity demand
- renewable energy expansion
- greater discom participation
- growth in market-based economic dispatch
- expansion of green power procurement
The exchange is likely to benefit from all these structural trends.
Conclusion
The latest IEX power market update FY26 confirms that Indian Energy Exchange Limited has entered a new growth phase with record 141 BU traded volume, strong RTM growth 41 percent, robust green market growth latest news, and all-time high REC trade volume FY26.
Supported by lower IEX DAM RTM prices decline, stronger liquidity, and record IEX March 2026 power trade news, the company remains at the centre of India’s fast-transforming electricity market.
As the power trading market India FY26 continues to deepen, IEX is well-positioned to benefit from the country’s rising power demand and clean energy transition.
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