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Indian Energy Exchange incorporates wholly owned subsidiary

27 Dec 2022 Evaluate

Indian Energy Exchange (IEX) has incorporated a wholly owned subsidiary company in the name of International Carbon Exchange on December 27, 2022.

The Company has been incorporated to establish and operate a platform for the trading of various types of green products including all other forms/types of carbon credits and certificates and various emission reduction products and other instruments and derivatives thereof, in ready, forward and futures markets in whole of India and outside India.

IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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