IEX Power Market Update: FY26 Volume Hits Record 141 BU Amid Price Softening

Indian Energy Exchange Limited (IEX) (NSE: IEX; BSE: 540750) has released its operational update for the financial year ended March 31, 2026. The exchange achieved its highest-ever annual, quarterly, and monthly traded electricity volumes, driven by robust supply liquidity and a significant surge in the Real-Time Market (RTM).

Annual Performance Highlights (FY26 vs FY25)

For the full fiscal year, IEX demonstrated strong growth across all major segments, supported by enhanced generation from wind, hydro, and solar sources.

Total Electricity Volume: Reached a record 141 BU, an increase of 17% Year-on-Year (YoY).

Real-Time Market (RTM): Achieved 54.85 BU, growing by a massive 41% YoY.

Green Market: Traded 10.78 BU, marking a 23% YoY increase.

REC Market: Recorded its highest-ever yearly trade of 187.20 lakh Renewable Energy Certificates, up 5% YoY.

Significant Decline in Market Prices

Despite a 1.1% increase in the country's overall power demand, higher supply liquidity on the exchange platform led to a substantial reduction in market clearing prices.

Day-Ahead Market (DAM) Price: Averaged ₹3.86/unit, a decline of 13.7% YoY.

Real-Time Market (RTM) Price: Averaged ₹3.59/unit, a decline of 16% YoY.

Quarterly and Monthly Momentum

The exchange closed the year with accelerated momentum in the final quarter:

Q4 FY26: Achieved its highest-ever quarterly volume of 39.4 BU, up 24.3% YoY.

March 2026: Recorded its highest-ever monthly volume of 13.90 BU, an increase of 23.5% YoY. Notably, REC volumes in March saw a staggering 119.9% YoY jump.

Source : Equity Bulls

Keywords

IndianEnergyExchange IEX FY2026 FY26 OperationalUpdate