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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: Day +1 (2026-05-27) Market: Green Day-Ahead Market (GDAM)

No predictions available for Day +1. Please run the prediction command.

Accuracy History (Last 14 Days)

Date MAE MAPE (%) Directional Accuracy (%)
Jan 22, 2026 0.1771 3.25 100.00

Showing 1 day(s) of accuracy data

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