Indian Energy Exchange

Indian Energy Exchange Limited operates a power trading platform. It enables trading and price discovery of electricity and related products with risk management for participants of the electricity market. The company's products include Day-Ahead Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; Green Day-Ahead Market, a double-sided closed collective auction in renewable energy on a day-ahead basis; Cross-Border Electricity Trade, an endeavour towards building an integrated South Asian Power Market; and Energy Saving Certificates, a market-based instrument designed for the consumers in energy industries, such as aluminum, cement, thermal Power plant, distribution, utilities, refineries, railways, fertilizer, and iron and steel etc. Indian Energy Exchange Limited was incorporated in 2007 and is based in New Delhi, India.

To create an efficient, participative trading platform, where Buyers and Sellers can benefit from transparent and market determined prices and promote informed decision making for electricity transactions.

To be the most efficient and reliable Power Trading platform, contributing towards making energy access & availability more equitable and enhancing energy security.

IEX has won a number of award for its innovative approach to Power Trading such as 'Most Innovative Tech Company' at ET Now Stars of The Industry Award, 'Energy Trading Platform of the Year' at the Frost & Sullivan India Excellence Awards, 'Best Power Exchange' at the Indian Power & Energy Awards, and 'Best Exchange Platform of the Year' at the Energia Awards.