In January 2025, the Indian Energy Exchange (IEX) traded 10,910 million units of electricity, up 16% year-on-year. The exchange also saw a record 38.03 lakh Renewable Energy Certificates (RECs) traded, a 150% increase. Energy consumption in India rose 2.7% to 137.5 billion units. The Day-Ahead Market (DAM) price dropped 24%, benefiting discoms and industrial consumers.
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