IEX Power Market Up 16.5% YoY in Oct'26

Indian Energy Exchange (IEX) reported a 16.5% year-on-year increase in monthly electricity traded volume, reaching 13,092 MUs in October 2026. This growth was driven by a 21.9% rise in India's overall energy consumption. The Day-Ahead Market saw a significant 149% increase in average clearing price to Rs 6.66/unit, while the Real-Time Market price rose 112% to Rs 5.78/unit. Despite volatile demand due to weather patterns, the Day-Ahead Market volume declined 3.8% YoY to 4,508 MU, but the Real-Time Market volume surged 23.7% YoY to 5,670 MU. The Term-Ahead Market also saw a substantial 138.8% increase. The Green Market experienced a 30% decline in volume, while the Renewable Energy Certificate market traded 12.22 lakh RECs, up 97.5% YoY.