IEX NSE filing

IEX Jan'26 Power Volume Hits Record 13,050 MU, Up 19.6% YoY

The RealCase readMedium impact Positive

Indian Energy Exchange (IEX) recorded its highest ever monthly electricity traded volume of 13,050 MU in January 2026, a 19.6% YoY increase. RTM volume surged 52.8% YoY to 4,638 MU. Average DAM price was ₹3.86/unit (-12.9% YoY) and RTM price was ₹3.72/unit (-15.9% YoY). REC traded volume decreased 37.1% YoY.

Why it matters

The record volumes and growth metrics are positive indicators for IEX's business performance. However, the impact is considered medium as it reflects monthly operational data rather than a fundamental strategic shift or major financial results.

The market read

The announcement highlights record-breaking monthly electricity traded volume and significant year-on-year growth in key market segments like RTM, indicating strong operational performance and market demand.

Indian Energy Exchange (IEX) has reported its power market update for January 2026, achieving a record monthly electricity traded volume of 13,050 Million Units (MU). This represents a significant year-on-year (YoY) increase of 19.6%. The exchange also saw a substantial rise in its Real-Time Market (RTM) volume, which grew by 52.8% YoY to 4,638 MU.

The Day-Ahead Market (DAM) volume increased by 2.8% YoY to 6,182 MU, while the Day Ahead Contingency and Term-Ahead Market (TAM) saw a 26.2% YoY rise to 1,397 MU.

In the Green Market segment, which includes Green Day-Ahead and Green Term-Ahead markets, the traded volume was 832 MU, an increase of 10.7% YoY. The weighted average price in the Green Day-Ahead Market (G-DAM) for January 2026 was ₹4.06 per unit, a decrease of 12.5% YoY.

The average Day Ahead Market (DAM) price stood at ₹3.86 per unit, a decrease of 12.9% YoY, and the average Real-Time Market (RTM) price was ₹3.72 per unit, down by 15.9% YoY. These lower prices offered opportunities for Discoms and Commercial & Industrial consumers to procure power competitively.

In the Renewable Energy Certificate (REC) Market, 23.91 lakh RECs were traded in sessions held on January 14th and January 28th, 2026, at clearing prices of ₹339/REC and ₹333/REC, respectively. However, the REC traded volume in January 2026 decreased by 37.1% on a YoY basis.

The next REC trading sessions are scheduled for February 11th and February 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.

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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