IEX Shatters Records: January Electricity Volume Hits 13,050 MU, Up 19.6% YoY Amid Surging Demand

Key Highlights

• Record-Breaking Volume: Total electricity traded reached 13,050 million units (MU) in Jan 2026, eclipsing prior highs with 19.6% YoY growth, driven by enhanced hydro/wind supply and peak industrial needs.
• Segment Surge: Real-Time Market (RTM) volumes soared 35.7% YoY to contribute significantly, while Day-Ahead Market (DAM) and Term-Ahead Market (TAM) added momentum; Green Market hit 2,647 MU, up 7.2%.
• Price Dynamics: Competitive clearing prices (DAM ~₹3.92/unit, RTM ~₹3.93/unit) enabled cost savings for buyers amid 7% national energy consumption rise to ~140 BU.
• REC Momentum: Traded renewable energy certificates complemented volumes, supporting India's green transition with sessions at ₹325-₹340/REC.

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Market Implications
IEX's performance signals resilient energy sector growth, poised for further gains with regulatory tailwinds like market coupling.

Sources: Mercom India, ScanX.Trade, CNBC TV18, Energetica India.