IEX Sees 14% Rise in Power Trade in May 2025
POWER & RENEWABLE ENERGY

IEX Sees 14% Rise in Power Trade in May 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.


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?