H1 FY2027 Performance

  • Achieved 77.2 BU electricity traded volume with 14.2% year-on-year growth
  • Real-Time Market (RTM) volume reached 32.5 BU, representing a 16.5% year-on-year increase

Q2 FY2027 Performance

  • Electricity traded volume of 39,685 MU (39.7 BU), marking a 12.7% year-on-year increase
  • Real-Time Market (RTM) volume of 16,490 MU (16.5 BU), showing a 10.5% year-on-year increase
  • Average market clearing price in Day-Ahead Market: Rs 5.7/unit, increased 46% compared to Q2 FY2026
  • Average market clearing price in Real-Time Market: Rs 5.2/unit, increased 49% compared to Q2 FY2026
  • Country's energy consumption reached 502 BUs, registering 11.5% year-on-year growth

September 2026 Performance

  • Monthly electricity traded volume: 12,220 MU (12.2 BU), a 10.4% year-on-year increase
  • RTM volume: 5,294 MU (5.3 BU), a 10.6% year-on-year increase
  • Achieved highest ever single day volume of 315 MU in RTM on September 26, 2026
  • India's peak power demand touched 269 GW on September 10, 2026
  • Country's energy consumption reached 162 BUs, reflecting 11% year-on-year growth
  • Average market clearing price in Day-Ahead Market: Rs 7.3/unit, increased 105% year-on-year
  • Average market clearing price in Real-Time Market: Rs 6.9/unit, increased 108% year-on-year
  • Strong power demand led to 281% year-on-year increase in buy bids in Day-Ahead Market

Market Segment Performance - Q2 FY2027

Day-Ahead Market (DAM) including HPDAM:

  • Total volumes: 14,855 MU
  • Year-on-year change: +2.2% (from 14,534 MU in Q2 FY2026)
  • Segment contribution: 37.4% of total electricity traded volumes

Real-Time Electricity Market (RTM):

  • Total volumes: 16,490 MU
  • Year-on-year change: +10.5% (from 14,925 MU in Q2 FY2026)
  • Segment contribution: 41.6% of total electricity traded volumes

Day Ahead Contingency and Term-Ahead Market (TAM):

  • Comprising HPTAM, intraday, contingency, daily & weekly and monthly contracts up to 3 months
  • Total volumes: 5,477 MU
  • Year-on-year change: +101.5% (from 2,719 MU in Q2 FY2026)

Market Segment Performance - September 2026

Day-Ahead Market (DAM) including HPDAM:

  • Volume: 4,251 MU
  • Year-on-year change: +0.5% (from 4,228 MU in September 2025)

Real-Time Market (RTM):

  • Volume: 5,294 MU
  • Year-on-year change: +10.6% (from 4,786 MU in September 2025)

Term-Ahead Market (TAM):

  • Volume: 1,939 MU
  • Year-on-year change: +100.6% (from 967 MU in September 2025)

Green Market Performance

Q2 FY2027:

  • Comprising Green Day-Ahead and Green Term-Ahead Market segments
  • Volume: 2,863 MU
  • Year-on-year change: -5.8% (from 3,040 MU in Q2 FY2026)

September 2026:

  • Volume: 737 MU
  • Year-on-year change: -32% (from 1,084 MU in September 2025)
  • Weighted average price in Green Day-Ahead Market (G-DAM): Rs 4.9/unit, increased 56.3% year-on-year

Renewable Energy Certificate Market (REC Market)

Q2 FY2027:

  • Total RECs traded: 15.27 lakh
  • Year-on-year change: -65.5%
  • Reason: Lower participation

September 2026:

  • Total RECs traded: 5.25 lakh
  • Year-on-year change: -16.2%
  • Trading sessions held on September 9, 2026 (clearing price: Rs. 345/REC) and September 30, 2026 (clearing price: Rs. 343/REC)
  • Next REC trading sessions scheduled for October 14, 2026 and October 28, 2026

Company Background

Indian Energy Exchange is India's premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as energy saving certificates. The exchange is ISO certified for quality management, information security management and environment management since August 2016. The company is publicly listed on NSE and BSE since October 2017 and is approved and regulated by Central Electricity Regulatory Commission since June 27, 2008.