Overview
Power Exchange India Limited (PXIL) is India’s first institutionally promoted power exchange, which was established in 2008. It is headquartered in Mumbai, Maharashtra, and provides a transparent and efficient platform for trading electricity, Renewable Energy Certificates (RECs), and Energy Saving Certificates (ESCerts). This company is promoted by the National Stock Exchange of India Limited (NSE) and the National Commodity & Derivatives Exchange Limited (NCDEX), along with other key stakeholders.
Power Exchange India Limited (PXIL) has been providing innovative and credible solutions since 2008. Its Vision is to continually innovate and offer credible solutions to transform Indian power markets and efficiently allocate energy resources, thereby creating a significant difference for our stakeholders across the globe.
Although it is not a publicly listed entity, investor interest in Power Exchange India Limited share and the potential Power Exchange India Limited share price is rising, especially in the context of India’s growing energy market and regulatory shifts toward transparency and efficiency.
Products & Services
PXIL offers a comprehensive range of products and services designed to meet the needs of power market participants:
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Day-Ahead Market (DAM): It provides Spot trading of electricity for next-day delivery.
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Term-Ahead Market (TAM): It also provides Contracts for electricity delivery over a longer timeframe.
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Renewable Energy Certificates (RECs): They offer a means of compliance with Renewable Purchase Obligations (RPOs).
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Energy Saving Certificates (ESCerts): The Company supports energy efficiency initiatives.
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Customised Trading Solutions: It also offers Tailored services for power generators, distribution companies, and industrial consumers.
Board of Directors
IPO Details
Power Exchange India Limited is not a publicly listed company. Consequently, there have been no announcements regarding an Initial Public Offering (IPO).
Subsidiaries
PXIL does not operate through standalone subsidiaries but collaborates with institutional promoters like NSE and NCDEX to enhance its market operations.
