Indian's One of the Electricity Trading Company Records 121 Billion Units of Electricity Trade and 178 Lakh RECs in FY25, Posts 29 Per cent Growth in March
The stock has delivered a 1-year return of 26.48 per cent and a 3-year return of -23.82 per cent.
Indian Energy Exchange Ltd, India's leading electricity exchange, reported its highest-ever traded electricity volume of 121 billion units (BUs) for the fiscal year 2025, marking a 19 per cent year-on-year increase. The company also achieved a record trade of 178 lakh Renewable Energy Certificates (RECs), reflecting a 136 per cent growth compared to the previous year. The average Day Ahead Market (DAM) price for FY'25 was Rs 4.47 per unit, a 15 per cent decline from the previous year, due to increased sell liquidity.
In Q4FY'25, IEX recorded its highest quarterly traded electricity volume of 31,747 million units (MUs), an 18 per cent rise year-on-year, and traded 68 lakh RECs, up 108 per cent from the previous year. March 2025 saw the highest monthly traded electricity volume of 11,215 MUs, a 29 per cent increase year-on-year. The Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved a 171 per cent growth in FY'25, with a total volume of 8,746 MUs. The Real-Time Electricity Market (RTM) also saw significant growth, with a 29 per cent increase in volume for FY'25. Despite the rise in power demand, competitive pricing was maintained, with the DAM market clearing price at Rs 4.43 per unit in Q4FY'25.
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Indian Energy Exchange Ltd, established in 2007, is India's premier electricity exchange, holding an 85 per cent market share as of the first nine months of FY25. The company provides a nationwide, automated trading platform for the physical delivery of electricity, renewable power, renewable energy certificates, and energy-saving certificates. The exchange enhances price discovery, market accessibility, and trade efficiency in India's power sector. Key market segments include the Day Ahead Market (DAM), Real-Time Market (RTM), and Green Market, among others. The DAM accounted for 44 per cent of the market in the first nine months of FY25, while the RTM and Green Market segments showed significant growth. The company also operates the Indian Gas Exchange (IGX) and the International Carbon Exchange (ICX), diversifying its offerings. With over 8,100 registered participants, including electricity generators, distribution companies, and commercial consumers, IEX continues to expand its reach. The company expects a 15-20 per cent growth driven by demand-supply dynamics.
As of April 04, 2025, the current stock price of Indian Energy Exchange Ltd is Rs 182. The 52-Week High is Rs 239.25, and the 52-Week Low is Rs 142.9. Indian Energy Exchange Ltd has a market capitalization of Rs 16,229 crore. The stock has delivered a 1-year return of 26.48 per cent and a 3-year return of -23.82 per cent. The Price-Earnings (PE) Ratio stands at 40.04. Major public shareholders include Dpvl Ventures LLP with 7.02 per cent, Dalmia Cement Bharat Limited with 4.17 per cent, and Dalmia Power Limited with 3.74 per cent.
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Disclaimer: The article is for informational purposes only and not investment advice.