Indian Energy Exchange reported a strong start to FY27, with electricity trading volumes rising 15.9 per cent year-on-year to 37.5 billion units during the June quarter, supported by higher power demand across the country amid heatwave conditions and a delayed monsoon. The exchange traded 12.2 BU of electricity in June 2026, marking a 12.5 per cent increase compared with the same month last year.
India’s electricity consumption grew 8.8 per cent YoY in Q1 FY27 and 11.6 per cent YoY in June, providing a boost to trading activity on the power exchange platform.
The Real-Time Market remained the key growth driver for IEX during the quarter. RTM volumes rose 23.5 per cent YoY to 16 BU in Q1 FY27. In June alone, RTM traded volume stood at 5.4 BU, registering a 25.7 per cent YoY increase.
The Day-Ahead Market recorded more moderate growth. DAM volumes increased 7.6 per cent YoY to 13.3 BU during the quarter. However, June volumes in the segment declined 6.6 per cent YoY to 4.3 BU, indicating softer activity compared with the year-ago period.
Trading activity in the Green Market also remained positive during the quarter. Volumes rose 6.3 per cent YoY to 2.8 BU in Q1 FY27. In June, however, Green Market volumes edged down 1.2 per cent YoY to 953 million units.
In contrast, trading volumes in the Renewable Energy Certificate (REC) market witnessed a sharp decline. REC volumes fell 81.4 per cent YoY during the June quarter and 92.3 per cent YoY in June. The decline was accompanied by a drop of over 85 per cent in sell bids, while clearing prices increased.
Monthly trends showed that electricity volumes remained above the 12-BU mark throughout the quarter. IEX traded 12.34 BU in April and 12.98 BU in May, before recording 12.2 BU in June. The exchange had reported a record monthly volume of 13.9 BU in March 2026.
The latest performance highlights continued growth in electricity trading activity on the exchange, with the real-time and term-ahead segments contributing significantly to overall volume expansion during the first quarter of FY27.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
