• Indian Energy Exchange

  • Year of Investment

    Mar, 2016

  • Sector

    Industrials

  • Status

    Current

  • Visit Website

    www.iexindia.com

Description:

Established in 2008, Indian Energy Exchange (IEX) is India’s first & largest (market share of >90%) power exchange and pioneer in providing trading platform for electricity (physical delivery) and renewable energy certificates. Exchange participants include State Electricity Boards (“SEB”), 3,600 open access consumers, 357 power generators and power traders. It has robust and reliable technology platform for maintaining anonymity of bids, price discovery mechanism, risk management procedures and catering to all pre/post trade functionalities. IEX is backed by marquee investors like PTC, Multiples PE, DCB Power, Tata Power, Aditya Birla PE, etc