Overview
Description
Indian Energy Exchange Ltd. is a prominent energy trading platform based in India, catering to the electricity market segment. It primarily facilitates the trading of electricity and renewable energy certificates, functioning as a transparent and efficient marketplace for buyers and sellers of energy. The exchange is pivotal in promoting a competitive and fair electricity market, enabling participants to meet short-term energy demands through spot market trading.
Notable for its innovative digital infrastructure, Indian Energy Exchange Ltd. offers diverse market products, including day-ahead, real-time, and term-ahead markets, which enhance market liquidity and price discovery. The exchange significantly impacts various industries by providing a reliable mechanism for price determination and power transactions, aiding industries such as utilities, industrial producers, and distribution companies in optimizing their cost structures.
In the broader financial market, Indian Energy Exchange Ltd. plays a crucial role by providing a platform that ensures transparency and governance, thus fostering confidence among stakeholders. It is instrumental in the advancement of India's energy sector, facilitating the integration of renewable energy sources while contributing to sustainable economic development. Founded to cater to the dynamic energy needs of the country, it continues to expand its offerings to meet evolving market demands.
About
CEO
Mr. Satyanarayan N. Goel
Employees
170
Address
Plot No. C-001/A/A
9th Floor Max Towers, Sector 16B Gautam Buddha Nagar
Noida, 201301
9th Floor Max Towers, Sector 16B Gautam Buddha Nagar
Noida, 201301
Phone
91 11 3044 6511
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Capital Markets
Country
India
MIC code
XBOM