Indian Energy Exchange Limited (IEX) reported its performance in February 2025 with a notable rise in electricity trading volumes and renewable energy certificates (RECs).
The company stated that the total monthly electricity traded volume reached 9,622 million units (MU), marking a 9% year-on-year (YoY) growth. Additionally, 16.37 lakh RECs were traded, reflecting a 167% YoY increase.
On March 4, 2025, IEX share price opened at ₹154.69, the same as its previous close of ₹154.69. At 10:00 AM, the share price of IEX was trading at ₹154.50, down by 0.12% on the NSE.
Government data released in February 2025 indicates that India’s total energy consumption reached 131.5 billion units (BUs). The average daily energy consumption saw a 7% YoY increase, driven by milder winters and an unusually warm February. This contributed to higher power demand across multiple regions.
Peak power demand touched 238 GW on February 7, 2025, compared to 222 GW on February 23, 2024. Despite the rising demand, electricity prices in the power exchange market declined, thanks to improved supply-side liquidity. The Market Clearing Price (MCP) in the Day-Ahead Market (DAM) stood at ₹4.38 per unit, 11% lower YoY, benefiting distribution companies (Discoms) and commercial & industrial (C&I) consumers.
The Day-Ahead Market (DAM) traded 5,369 MU in February 2025, reflecting a 14% YoY growth from 4,722 MU in February 2024.
The Real-Time Market (RTM) registered 2,887 MU, increasing 23% YoY from 2,340 MU in the previous year.
The Day-Ahead Contingency & Term-Ahead Market (TAM), which includes contingency, daily, weekly, and monthly contracts up to three months, traded 814 MU, witnessing a 45% YoY decline.
The REC market recorded significant growth, with 16.37 lakh RECs traded on February 12 and February 27, 2025. The clearing prices stood at ₹350 per REC and ₹349 per REC, respectively. This marked a 167% YoY increase in the REC trading volume.
The IEX Green Market, which includes the Green Day-Ahead Market (G-DAM) and Green Term-Ahead Market (G-TAM), saw a total traded volume of 552 MU in February 2025. This represents an 85% YoY increase from 298 MU in February 2024.
With growing energy demand and competitive pricing, IEX continues to play a crucial role in India’s evolving power market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 4, 2025, 8:36 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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