Indian Energy Exchange

Indian Energy Exchange Limited
Company typePublic
BSE540750
NSEIEX
IndustryPower exchange
Founded2008
HeadquartersNew Delhi, India
ProductsElectrical power
Energy exchange
ServicesPower trading
RevenueDecrease 474 crore (US$57 million) (FY23)[1]
Decrease 305 crore (US$37 million) (FY23)[1]
SubsidiariesIndian Gas Exchange
Websitewww.iexindia.com

The Indian Energy Exchange (IEX)[2] is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). IEX started its operations on 27 June 2008.[3] Indian Energy Exchange pioneered the development of power trading in India and provides an electronic platform to the various participants in power market, comprising State Electricity Boards, Power producers (Gencos), Power traders, and Open Access Consumers (both Industrial & Commercial).

IEX is one of the two operational Power Exchanges in India. Ever since its incorporation, it has held an influential market share. IEX operates a day-ahead market based on closed auctions with double-sided bidding and uniform pricing;[4] it has over 3,800 registered clients, over 300 private generators, and more than 3,300 industrial electricity consumers.

  1. ^ a b "Indian Energy Exchange Ltd posts Rs. 88.33 crores consolidated PAT in Q4 FY2023". EquityBulls. 25 May 2023. Retrieved 27 June 2023.
  2. ^ "Indian Energy Exchange". Iexindia.com. Retrieved 8 August 2012.
  3. ^ "First Power Exchange starts operations". Dnaindia.com. Retrieved 23 February 2017.
  4. ^ "Trading at Power Exchange" (PDF). iitk.ac.in. Retrieved 23 February 2017.