Indian Energy Exchange Limited

Indian Energy Exchange Limited (IEX) operates a sophisticated digital marketplace for electricity. This platform facilitates both the trading and transparent price discovery of power and associated products, while also offering essential risk management tools to participants across the electricity sector. Its comprehensive suite of offerings includes: Day-Ahead Market (DAM): A segment for physical electricity transactions, allowing for deliveries across any or all 15-minute intervals throughout the subsequent 24-hour period, commencing at midnight. Term-Ahead Market (TAM): This market supplies diverse products enabling stakeholders to transact electricity via intra-day, day-ahead contingency, and longer-term contracts. Real-Time Market (RTM): An active auction conducted every thirty minutes, where power is scheduled for delivery approximately one hour following the closure of the auction's bidding window. Renewable Energy Certificates (REC): Instruments designed to streamline the procurement of renewable energy by state-owned utilities and other mandated entities. Green Day-Ahead Market (GDAM): A specialized double-sided, closed collective auction dedicated to renewable energy, operating on a day-ahead settlement basis. Cross-Border Electricity Trade (CBET): An initiative aimed at fostering a unified power market across the South Asian region. Energy Saving Certificates (ESC): A market-driven mechanism specifically tailored for consumers within energy-intensive industries, such as aluminum, cement, thermal power generation, distribution networks, refineries, railways, fertilizer production, and iron and steel manufacturing. Established in 2007, Indian Energy Exchange Limited is headquartered in New Delhi, India.

CEO: Satyanarayan N. Goel - https://www.iexindia.com