ISO 9001:2008, ISO 27001:2013, ISO 14001:2004
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DAM Prices 27 May 2017 (Rs./kWh)

  • Average MCP 0.4


  • Peak MCP0.46


  • Non Peak MCP0.37


  • Max MCP0.00


  • Min MCP0.85


INDIAN ENERGY EXCHANGE LTD. (IEX) is India’s premier power trading platform. Providing a transparent, neutral, demutualized and automated platform for physical delivery of electricity, IEX enables efficient price discovery and counter-party risk management for participants of the electricity market, including industries eligible for open access.

Today, about 4,000 participants across utilities from 29 States, 5 Union Territories (UTs), 1,000+ private generators (both commercial and renewable energy) and more than 3,500 open access consumers are leveraging the Exchange platform to manage their power portfolio in the most competitive and reliable way.

In August 2016, IEX achieved the distinction of being the first power exchange to accomplish three ISO Certifications - ISO 9001:2008 for Quality Management, ISO 27001:2013 for Information Security Management and ISO 14001:2004 for Environment Management


Product Segments

Day-Ahead Market (DAM)
Launched in June, 2008, in this segment, participants transact electricity on 15-minutes block basis, a day prior to the delivery of electricity. Both buyers and sellers submit their anonymous bid electronically during the bid call session. The Market Clearing Price (MCP) is determined on the basis of intersection point of demand and supply curve and is common for both selected buyers and sellers. Know More...

Term-Ahead Market (TAM)
Launched in September 2009, contracts under TAM cover a range for buying/selling electricity for a duration of up to 11 days. It enables participants to purchase electricity for the same day through intra-day contracts, for the next day through day-ahead contingency, on daily basis for rolling seven days through daily contracts, and on weekly basis through weekly contracts. Know More...

Renewable Energy Certificates (REC)
Launched in February 2011, Renewable Energy Certificate market facilitates transaction in green attributes. The Renewable Energy (RE) generator can opt to get RECs against green attributes of their generation. These generators can sell RECs through the exchange. On the other hand, the obligated entities-distribution companies, captive plants and open access consumers may opt to purchase RECs to fulfill their Renewable Purchase Obligation (RPO). The corporate, event organisers may also procure these RECs to compensate their conventional energy consumption into carbon free green consumption. The REC Market offers both solar and non-solar RECs. Know More...

Energy Saving Certificates (ESCerts)
ESCerts will be the tradable certificates under the Perform, Achieve, Trade (PAT) Scheme of Bureau of Energy Efficiency (BEE), a market-based mechanism to incentivise energy efficiency in large energy-intensive industries. IEX is all set to soon launch Energy Saving Certificates (ESCerts), in its endeavor to expand the energy markets in India. Know More...