IEX Powers Ahead: November 2025 Trading Hits 11,409 MU with 17.7% Surge!

Trading Surge Explained

IEX achieved this milestone through strong performances across segments like Real-Time Market (RTM), Day-Ahead Market (DAM), and Green markets. November's volumes reflect heightened liquidity from hydro, wind, and coal supplies, lowering prices and benefiting discoms and industrial buyers. Year-on-year gains signal maturing power exchanges in India's energy transition.​

Market Momentum

Building on October's 11,233 MU (16.5% YoY growth) and Q2 FY26's 35,217 MU (16.1% rise), November reinforces IEX's dominance. RTM overtook DAM in prior months, while green trading expanded 17.7% QoQ, aligning with renewable pushes.​

Key Highlights

Total Volume: 11,409 MU, +17.7% YoY from prior November.​

RTM Strength: Surged 39-46% in recent months, hitting record shares.​

Green Boom: 17.7% QoQ growth to 3,040 MU in Q2 FY26.​

Price Edge: DAM/RTM averages fell 14-17% YoY, aiding cost savings.​

Nat'l Context: Supports 145+ BU monthly consumption amid 3%+ demand rise.​

Sources: IEX India, Business Standard, Mercom India, PSU Connect