Indian Energy Exchange (IEX) has entered into a Memorandum of Understanding (MoU) with Japan Electric Power Exchange (JEPX) for jointly exploring the opportunities of cooperation in electricity market. The Intent of the MoU is to share experience and cooperate with each other in respect of technology and in energy market products development.
The scope of MoU includes opportunities for training to augment the electricity trading through competitive market platforms by organizing knowledge sharing programs. These initiatives would help both the organizations in elucidating the electricity markets and in learning the laws and rules pertaining to electricity trading in both the countries. This collaboration would be beneficial for both the exchanges and for the larger good of the power markets in India and Japan.
Indian Energy Exchange is India’s first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.
Company Name | CMP |
---|---|
NTPC | 358.90 |
Tata Power | 436.80 |
Power Grid Corp | 309.45 |
Adani Power | 756.65 |
Torrent Power | 1516.25 |
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