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IEX Predictor

Market-style view of GDAM price predictions and accuracy

Understanding MCP (Market Clearing Price)

Predicted MCP (₹/kWh)

AI-generated forecast of the Market Clearing Price for each time block. These predictions are calculated using machine learning models trained on historical market data, demand patterns, and supply dynamics.

Accuracy: Predictions are continuously validated against actual market prices. Typical accuracy ranges from 85-95% for directional trends and 5-15% MAPE for price magnitude.

Actual MCP (₹/kWh)

The real Market Clearing Price published by the Indian Energy Exchange (IEX) after market closure. This is the official price at which electricity was traded for each 15-minute time block.

Source: Data is sourced from publicly available IEX market reports. Actual prices are typically published within 24 hours after the delivery day.

15-min blocks (no aggregation)

Market Snapshot – Prediction

Forward view of MCP for the Green Day-Ahead Market

Interval: 15-Min Block Delivery Period: April 8, 2026 Market: Green Day-Ahead Market (GDAM)

No predictions available for tomorrow. Please run the prediction command.

Accuracy History (Last 14 Days)

Date MAE MAPE (%) Directional Accuracy (%)
Apr 05, 2026 0.1771 3.25 100.00
Apr 04, 2026 0.1771 3.25 100.00
Apr 03, 2026 0.1771 3.25 100.00
Apr 02, 2026 0.1771 3.25 100.00
Apr 01, 2026 0.1771 3.25 100.00
Mar 31, 2026 0.1771 3.25 100.00
Mar 30, 2026 0.1771 3.25 100.00
Mar 29, 2026 0.1771 3.25 100.00
Mar 28, 2026 0.1771 3.25 100.00
Mar 27, 2026 0.1771 3.25 100.00
Mar 26, 2026 0.1771 3.25 100.00
Mar 25, 2026 0.1771 3.25 100.00
Mar 24, 2026 0.1771 3.25 100.00
Mar 23, 2026 0.1771 3.25 100.00

Showing 14 day(s) of accuracy data

Actual prices sourced from publicly available IEX data. Predictions are AI-based estimates for decision support only.