Indian Energy Exchange (IEX) achieved a record electricity trade volume of 11,132 Million Units (MU) in December 2024, a 29% year-on-year (YoY) rise. Green market trades surged 236% YoY to 781 MU, while renewable energy certificates grew 58%. Lower average prices (down 14% YoY) in the Day-Ahead Market may attract Discoms and industrial buyers. These strong metrics signal growth potential for IEX, bolstering its long-term stock prospects.
