IEX Sees 14% Rise in Power Trade in May 2025

05 Jun 2025 CW Team

According to government data for May 2025, national energy consumption declined by 4 per cent year-on-year to 148.7 billion units (BUs), owing to unseasonal rains and an early monsoon, which reduced electricity demand. However, increased generation from hydro, wind, and thermal sources improved supply liquidity on the exchange, leading to significant declines in market prices.

The Market Clearing Price in the Day-Ahead Market (DAM) stood at Rs 4.12/unit—down 22 per cent year-on-year—while the Real-Time Market (RTM) price dropped 28 per cent to Rs 3.43/unit. These competitive rates enabled discoms and commercial and industrial (C&I) consumers to substitute more expensive power purchases with exchange-based procurement.

Electricity Market Performance:

Day-Ahead Market (DAM): Traded 3,510 MU in May 2025, down 20 per cent from 4,371 MU in May 2024.
Real-Time Market (RTM): Achieved a record-high monthly volume of 4,770 MU, marking a 42 per cent rise from 3,352 MU in May 2024.
Term-Ahead Market (TAM): Including contingency, daily, weekly, and monthly contracts up to three months, TAM volumes rose 38 per cent year-on-year to 1,684 MU.

Green Market:

The IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead segments, traded 915 MU in May 2025—up 47 per cent from 622 MU in the same month last year. The weighted average price in the Green Day-Ahead Market (G-DAM) stood at Rs 3.59/unit.

REC Market:

A total of 1.743 million RECs were traded in sessions held on 14 and 28 May 2025, at clearing prices of Rs 345 and Rs 349 per certificate, respectively. The REC volume saw a year-on-year growth of 65 per cent. The next REC trading sessions are scheduled for 11 and 25 June 2025.

The Indian Energy Exchange (IEX), the country’s leading electricity trading platform, reported a 14 per cent year-on-year rise in traded electricity volume, reaching 10,946 million units (MU) in May 2025. Additionally, the exchange recorded a sharp 65 per cent surge in Renewable Energy Certificate (REC) trading volumes, with 1.743 million certificates traded during the month.According to government data for May 2025, national energy consumption declined by 4 per cent year-on-year to 148.7 billion units (BUs), owing to unseasonal rains and an early monsoon, which reduced electricity demand. However, increased generation from hydro, wind, and thermal sources improved supply liquidity on the exchange, leading to significant declines in market prices.The Market Clearing Price in the Day-Ahead Market (DAM) stood at Rs 4.12/unit—down 22 per cent year-on-year—while the Real-Time Market (RTM) price dropped 28 per cent to Rs 3.43/unit. These competitive rates enabled discoms and commercial and industrial (C&I) consumers to substitute more expensive power purchases with exchange-based procurement.Electricity Market Performance:Day-Ahead Market (DAM): Traded 3,510 MU in May 2025, down 20 per cent from 4,371 MU in May 2024.Real-Time Market (RTM): Achieved a record-high monthly volume of 4,770 MU, marking a 42 per cent rise from 3,352 MU in May 2024.Term-Ahead Market (TAM): Including contingency, daily, weekly, and monthly contracts up to three months, TAM volumes rose 38 per cent year-on-year to 1,684 MU.Green Market:The IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead segments, traded 915 MU in May 2025—up 47 per cent from 622 MU in the same month last year. The weighted average price in the Green Day-Ahead Market (G-DAM) stood at Rs 3.59/unit.REC Market:A total of 1.743 million RECs were traded in sessions held on 14 and 28 May 2025, at clearing prices of Rs 345 and Rs 349 per certificate, respectively. The REC volume saw a year-on-year growth of 65 per cent. The next REC trading sessions are scheduled for 11 and 25 June 2025.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..