Indian Energy Exchange Limited (NSE: IEX)
India flag India · Delayed Price · Currency is INR
177.45
-7.48 (-4.04%)
Dec 20, 2024, 3:30 PM IST

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.

Indian Energy Exchange Limited
Indian Energy Exchange logo
Country India
Founded 2007
Industry Capital Markets
Sector Financials
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 IEX
Exchange National Stock Exchange of India
Fiscal Year April - March
Reporting Currency INR
ISIN Number INE022Q01020
SIC Code 6200

Key Executives

Name Position
Satyanarayan N. Goel MD, Chief Executive Officer and Chairman
Vineet Harlalka A.C.A. A.C.S. Chief Financial Officer, Compliance Officer and Company Secretary
Amit Kumar Head of Market Operations, New Product Initiatives and Exchange Technology
Deepak Mehta Senior Vice President of Business Development - Gas Business
Rohit Bajaj Executive Director of Business Development, Strategy, Regulatory Affairs and IT