Now Reading: IEX spot power price surges 105% in September on strong demand
-
01
IEX spot power price surges 105% in September on strong demand
The average market clearing price in the Day Ahead Market on the Indian Energy Exchange (IEX) stood at ₹7.3 per unit in September 2026, a 105 per cent year-on-year jump on high demand, the exchange said on Tuesday, 6 October. The Real Time Market price hit ₹6.9 per unit, up 108 per cent. Buy bids in the Day Ahead Market surged 281 per cent.
IEX traded 12,220 million units (MUs) of electricity in September, a 10.4 per cent increase year-on-year. Peak power demand touched 269 GW on 10 September, and the country's energy consumption reached 162 billion units, an 11 per cent rise. In the second quarter of FY27, IEX traded 39,685 MUs, up 12.7 per cent, while the average Day Ahead price was ₹5.7 per unit, a 46 per cent increase.
Indian Opinion Analysis
Both sources present the IEX data as a straight report of exchange and government figures, with no slant on price increases or demand. Business Standard and The Hindu Business Line lead with the same headline numbers and attribute the same percentage rises to the same periods. The only difference is that The Hindu Business Line adds a schedule for the next REC trading sessions on 14 and 28 October, a logistical detail Business Standard omits. The coverage is uniform: neither outlet frames the price surge as a policy failure or a sign of supply stress, leaving the data to speak for itself. The concrete next item to watch is the REC trading session on 14 October.
Coverage: 2 sources, 2 neutral
Sources (2): business-standard.com (neutral report), thehindubusinessline.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
