Indian Energy Exchange
The Indian Energy Exchange (IEX)[1] is an automated electronic trading exchange regulated by the Central Electricity Regulatory Commission (CERC). Since its development on June 9, 2008, IEX had recorded 37.4 million transactions, the same month that electricity prices on the exchange hit a record low 13 paisa/KWh. In November 2009, IEX won Best E-Enabled Customer Platform at the second annual India Power Awards for developing what was described as "a robust platform for energy trading.[2] "
IEX operates a day-ahead market based on closed auctions with double-sided bidding and uniform pricing; it has over 3,800 registered clients, over 300 private generators and more than 3,300 industrial electricity consumers.[3]
References
- ↑ "Indian Energy Exchange". Iexindia.com. Retrieved 2012-08-08.
- ↑ "Indian Energy Exchange". Iexindia.com. 2009-11-17. Retrieved 2012-08-08.
- ↑ "Indian Energy Exchange (IEX) recorded all time high daily trading volume of 38.7 Million Units" (PDF). Iexindia.com. Retrieved 2012-11-07.
External links
- India Energy Exchange
- The Blaze of FDI in Power Trading Exchanges in India, October 2012 - Dinodia Capital Advisors
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