Indian Energy Exchange Limited
Results, Financials & Updates

Indian Energy Exchange Limited (IEX) operates as India's premier electronic, automated, and transparent power exchange platform facilitating physical delivery of electricity, renewables, and certificates under regulatory oversight from the Central Electricity Regulatory Commission (CERC). Established in 2008 and publicly listed in 2017, the company provides over 20 distinct market products spanning Day-Ahead Market (DAM), Real-Time Market (RTM), Term-Ahead Market (TAM), Green Markets, and Energy Saving Certificates. The company's ecosystem connects more than 9,100 registered participants, including over 5,300 commercial and industrial consumers, approximately 3,000 renewable energy generators and obligated entities, 45 state distribution companies (DISCOMs), and more than 1,100 conventional power generators. Its revenue model is primarily driven by transaction fees levied on cleared volumes, alongside admission and annual membership fees and other income from treasury deployments.