Power Exchange India

Power Exchange India

Institutionally promoted platform for power and energy trading in India, transforming market operations since 2008.

  • Edit
DateInvestorsAmountRound
*

N/A

Growth Equity non VC
Total Funding000k
More about Power Exchange India
Made with AI
Edit

Power Exchange India Limited (PXIL) operates as a pivotal platform for power and energy trading in India. Established in 2008, PXIL is recognized as the country's first institutionally promoted power exchange, backed by prominent entities such as NSE and NCDEX. The company facilitates the trading of electricity and energy products, serving a diverse clientele that includes power producers, distribution companies, and industrial consumers. PXIL's business model revolves around providing a transparent and efficient marketplace for energy transactions, enabling participants to buy and sell electricity through competitive bidding processes. Revenue is generated through transaction fees and membership subscriptions. Operating within the Indian energy market, PXIL plays a crucial role in enhancing market efficiency and liquidity, contributing to the overall development of the power sector.

Keywords: power trading, energy exchange, electricity market, institutional platform, Indian market, transaction fees, membership, competitive bidding, market efficiency, liquidity.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads