The exchange also recorded strong activity in the renewable segment, with 18.86 lakh Renewable Energy Certificates (RECs) traded during the month, marking a 15.2% rise compared to February 2025.

Government data released in February 2026 showed that India's total energy consumption reached 133 billion units (BU), reflecting a 1.9% increase year-on-year. Despite higher electricity consumption, prices on power exchanges declined compared with the previous year due to higher supply liquidity available on exchange platforms.

The Market Clearing Price in the Day-Ahead Market (DAM) stood at ₹3.58 per unit in February 2026, which was 18.3% lower year-on-year. Similarly, the Real-Time Market (RTM) recorded an average price of ₹3.59 per unit, down 18.7% from the same period last year.

Lower prices on the exchange provided an opportunity for power distribution companies (Discoms) and commercial and industrial consumers to meet electricity demand at competitive rates by procuring power through exchange platforms instead of relying on costlier sources.

Day-Ahead and Real-Time electricity market performance

The Day-Ahead Market (DAM) recorded a traded volume of 6,588 MU in February 2026, compared with 5,369 MU in February 2025, representing a 22.7% year-on-year increase.

The Real-Time Market (RTM) saw stronger growth, with traded volume rising to 4,379 MU from 2,887 MU in the same month last year, registering a 51.7% increase year-on-year.

Meanwhile, the Day Ahead Contingency and Term-Ahead Market (TAM), which includes contingency, daily, weekly, and monthly contracts up to three months, recorded a volume of 775 MU in February 2026, slightly lower than 814 MU in February 2025, indicating a 4.7% year-on-year decline.

Green market trading rises

Trading in the Green Market, which includes the Green Day-Ahead Market (G-DAM) and Green Term-Ahead Market (G-TAM) segments, reached 808 MU in February 2026, compared with 552 MU in February 2025, reflecting a 46.3% increase year-on-year.

The weighted average price in the Green Day-Ahead Market during February 2026 was ₹3.43 per unit, which declined 25.3% compared with the previous year.

Renewable Energy Certificate market activity

In the Renewable Energy Certificate (REC) market, a total of 18.86 lakh RECs were traded during the sessions held on 11 February 2026 and 25 February 2026.

The clearing price was ₹333 per REC in the first session and ₹337 per REC in the second session.

The exchange stated that the next REC trading sessions are scheduled for 11 March 2026 and 25 March 2026.