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.
