IEX NSE filing

IEX FY26 Electricity Volume Hits 141 BU, Up 17% YoY; Q4 Volume Up 24.3%

The RealCase readHigh impact Positive

IEX reported highest ever electricity volume of 141 BU in FY'26, up 17% YoY. Q4FY'26 volume reached 39.4 BU, a 24.3% increase. March'26 saw 13.90 BU traded, up 23.5% YoY. REC trade in March'26 surged 119.9% YoY. REC trading sessions are scheduled for April 8 and April 29, 2026.

Why it matters

The reported record-breaking volumes and consistent growth across various market segments (DAM, RTM, Green Market, REC) indicate a strong operational performance and market leadership for IEX, which is highly impactful for the company and the energy sector.

The market read

The announcement details significant year-on-year growth in electricity traded volumes across monthly, quarterly, and annual periods, along with substantial increases in REC trades, indicating strong market performance.

Indian Energy Exchange (IEX) has reported its performance update for Fiscal Year 2026 (FY’26), the fourth quarter of FY’26 (Q4FY’26), and March 2026.

For FY’26, IEX achieved its highest ever electricity traded volume of 141 Billion Units (BU), a significant increase of 17% year-on-year (YoY). The exchange also recorded its highest ever yearly trade of Renewable Energy Certificates (RECs), with 187.20 lakh RECs traded, marking a 5% YoY increase. The average Day-Ahead Market (DAM) price was ₹3.86/unit, a decrease of 13.7% YoY, and the average Real-Time Market (RTM) price was ₹3.59/unit, down 16% YoY. The Day-Ahead Market (DAM) segment traded 62.78 BU, up 2.4% YoY, while the Real-Time Electricity Market (RTM) segment saw substantial growth, achieving 54.85 BU, an increase of 41% YoY. The Green Market, comprising Green Day-Ahead and Green Term-Ahead Market segments, traded 10.78 BU, a 23% increase YoY, with the weighted average price in Green Day-Ahead Market (G-DAM) at ₹3.59/unit, down 10.6% YoY.

In Q4FY’26, IEX recorded its highest ever quarterly electricity traded volume of 39.4 BU, a 24.3% YoY increase. The RTM segment grew by 48.2% YoY, and the Green Market saw a 26.5% YoY increase. A total of 71.70 lakh RECs were traded during the quarter, a 6.1% YoY increase. The Day-Ahead Market (DAM) segment registered 19.60 BU, an increase of 15.7% YoY.

For March 2026, IEX achieved its highest ever monthly electricity traded volume of 13.90 BU, a 23.5% YoY increase. The RTM segment grew by 41.7% YoY, and the Green Market saw a 28.3% YoY increase. A total of 28.94 lakh RECs were traded in March'26, a significant 119.9% YoY increase. The market clearing price in the Day Ahead Market was ₹4.20/unit, down 6% YoY, and in the Real Time Market, it was ₹3.71/unit, down 10.5% YoY.

The next REC trading sessions are scheduled for April 8, 2026, and April 29, 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 high impact, which is the band that most often changes something.

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