Description

Indian Energy Exchange Limited (IEX) operates a prominent digital platform for electricity trading, facilitating efficient buying, selling, and price discovery of power and related products. It offers robust risk management solutions for all participants in the electricity market. IEX's diverse product portfolio includes: Day-Ahead Market (DAM): A physical electricity trading venue for deliveries in 15-minute blocks over the subsequent 24-hour period. Term-Ahead Market (TAM): Provides a range of contract options for participants to trade electricity on an intra-day, day-ahead contingency, or term-ahead basis. Real-Time Market (RTM): Features half-hourly auctions where power is delivered approximately one hour after the auction's gate closure. Renewable Energy Certificates (RECs): Designed to simplify the procurement of green energy by state utilities and other obligated entities. Green Day-Ahead Market (GDAM): A double-sided, closed collective auction for renewable energy conducted on a day-ahead basis. Cross-Border Electricity Trade (CBET): An initiative aimed at fostering an integrated power market across South Asia. Energy Saving Certificates (ESCs): Market-based instruments tailored for consumers in energy-intensive industries such as aluminum, cement, thermal power plants, distribution utilities, refineries, railways, fertilizer, and iron & steel. Incorporated in 2007, Indian Energy Exchange Limited is headquartered in New Delhi, India.