IEX NSE filing

IEX February'26 Power Market: Volume Up 30.4% YoY to 12,550 MU; REC Up 15.2%

The RealCase readMedium impact Positive

IEX reported February'26 electricity traded volume at 12,550 MU, up 30.4% YoY. REC volume rose 15.2% YoY to 18.86 lakh. DAM volume was 6,588 MU, RTM volume was 4,379 MU, and Green Market volume was 808 MU. Average DAM price was Rs 3.58/unit, down 18.3% YoY.

Why it matters

The announcement details monthly operational performance metrics which are important for stakeholders to gauge the company's ongoing business activity and market position. While positive, it does not represent a major strategic shift or financial earnings.

The market read

The announcement shows significant year-on-year growth in electricity and REC traded volumes, alongside lower market clearing prices which benefit consumers. This indicates a healthy and growing market on the exchange.

Indian Energy Exchange (IEX) has reported a significant increase in its power market performance for February 2026. The total electricity traded volume reached 12,550 Million Units (MU), representing a substantial year-on-year (YoY) growth of 30.4%. The exchange also recorded its highest daily average electricity volume at 448 MU.

The Real-Time Market (RTM) demonstrated robust growth, with volumes increasing by 51.7% YoY to 4,379 MU. The Day-Ahead Market (DAM) saw a YoY increase of 22.7%, trading 6,588 MU. However, the Day Ahead Contingency and Term-Ahead Market (TAM) experienced a slight decline of 4.7% YoY, with volumes at 775 MU.

The IEX Green Market, encompassing Green Day-Ahead and Green Term-Ahead markets, traded 808 MU, marking a 46.3% YoY increase. Despite higher energy consumption in the country, prices on power exchanges remained lower compared to the previous year due to increased supply liquidity. The market clearing price in the Day Ahead Market was Rs. 3.58/unit, down 18.3% YoY, and the Real-Time Market price was Rs. 3.59/unit, down 18.7% YoY.

In the Renewable Energy Certificate (REC) Market, a total of 18.86 lakh RECs were traded across sessions on February 11th and 25th, 2026, at clearing prices of Rs. 333/REC and Rs. 337/REC, respectively. This represents a 15.2% YoY increase in REC traded volume. The next REC trading sessions are scheduled for March 11th and March 25th, 2026.

Filing to action

What to do with a filing like this

Indian Energy Exchange Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.

See the model portfolios
Primary source

A plain-language summary of a public exchange filing by Indian Energy Exchange Limited. Read the original for the full detail.

View original filing