Announced Tue, 5 Aug · 08:16 IST

Indian Energy Exchange Limited has informed the Exchange regarding a press release dated August 05, 2025, titled "IEX POWER MARKET UPDATE, JULY'25".

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IEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IEX reported an all-time high monthly electricity traded volume of 12,664 MU in July 2025, up 25.5% year-on-year. The Real-Time Market (RTM) hit a record 5,109 MU, growing 53% YoY, and set a single-day record of 204.6 MU on July 27. The Day-Ahead Market (DAM) grew 9% to 5,510 MU, while Term-Ahead Market volume rose 28% to 917 MU. However, prices fell sharply — DAM average price dropped 16% YoY to Rs 4.18/unit and RTM price fell 23% to Rs 3.83/unit, driven by higher supply-side liquidity despite India's energy consumption rising 2.6% to 153.6 BUs. Renewable Energy Certificate (REC) volumes fell 48% YoY, though 16.26 lakh RECs were traded at Rs 360 each.

Likely market impact

Strong volume growth across most segments is positive for transaction-based revenue, but the sharp decline in clearing prices may offset some of that benefit. The 48% drop in REC volumes is a weak spot. Overall, the record volumes are a constructive signal for the business, though pricing pressure remains a watchpoint.