Indian Energy Exchange is the largest power exchange in India licensed and regulated by Central Electricity Regulatory Commission. It provides a platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates. It enables efficient price discovery while also increasing the accessibility and transparency in the power markets of India. The company started its operations in 2008. The company is the market leader with close to ~95% market share in electricity trading. The traded electricity volume on the exchange has increased by 32% CAGR since 2008.
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Indian Energy Exchange Limited (IEX) is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable Energy Certificates and Energy Saving Certificates. The exchange platform enables efficient price discovery and increases the accessibility and transparency of the power market in India while also enhancing the speed and efficiency of trade execution.
The Exchange is a publicly listed company with NSE and BSE. IEX is approved and regulated by Central Electricity Regulatory Commission (CERC) and has been operating since June 27, 2008. In August 2016, IEX received three ISO Certifications - ISO 9001:2015 for quality management, ISO 27001:2013 for Information security management and ISO 14001:2015 for environment management.
Business area of the company
The IEX is a Power Exchange, licensed by the Central Electricity Regulatory Commission (CERC) for spot trading in power / electricity and trading of Renewal Energy Certificate (REC) and Energy Saving Certificates (ESCerts). The main activity of the company is to provide an automated platform and infrastructure for carrying out t trading in electricity units for physical delivery of electricity.
Awards and accolades