Indian Energy Exchange Company Description
Indian Energy Exchange Limited provides automated trading platform for physical delivery of electricity, renewable energy, and certificates.
The company’s platform offers customers with digital registration, market data insights, financial reconciliation, user access management, and web-based bidding services.
Its 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; Green Day-Ahead Market that allows anonymous and double-sided closed collective auction in renewable energy on a day-ahead basis; and Cross-Border Electricity Trade building an integrated South Asian Power Market; The Green-Term Ahead Market, a market solution for renewable energy trading which features contracts, including Green-Intraday, Green-Day-ahead Contingency, Green-Daily, and Green-Weekly.
Indian Energy Exchange Limited was incorporated in 2007 and is based in Noida, India.
Country | India |
Founded | 2007 |
Industry | Security and Commodity Brokers, Dealers, Exchanges, and Services |
Employees | 170 |
CEO | Satyanarayan Goel |
Contact Details
Address: Plot No. C-001/A/A Noida, Delhi 201301 India | |
Phone | 91 11 3044 6511 |
Website | iexindia.com |
Stock Details
Ticker Symbol | 540750 |
Exchange | Bombay Stock Exchange |
Fiscal Year | April - March |
Reporting Currency | INR |
SIC Code | 6200 |
Key Executives
Name | Position |
---|---|
Satyanarayan Goel | Chief Executive Officer |
Vineet Harlalka | Chief Financial Officer |