PXIL
Anil V Kale, AVP, Strategy & Regulatory, PXIL
- Jun 16, 2023
“Future development in power sector is dependent on increasing the scope of market-based electricity transaction in the country, in this regard Market Coupling can help create a more integrated and efficient Indian electricity market which support the growth Read more
Power markets are poised for significant growth: PXIL
- Jan 9, 2023
Power Exchange India Ltd (PXIL) is India’s first institutionally-promoted energy exchange and began market operations in 2008. Over the recent years, PXIL has seen Read more
PXIL introduces “Any-Day, Single-Sided, Reverse Auction” contract
- Sep 27, 2022
Power Exchange India Ltd (PXIL), on September 27, 2022, introduced the ‘Any-Day Single Sided Reverse Auction Contract’ This contract enables buyers to procure power through a reverse auction process to meet their power requirement for period up to 90 Read more
Posoco instructs power exchanges to restrict discom participation
- Aug 19, 2022
Power Systems Corporation (Posoco) on August 18, 2022, has reportedly instructed the three power exchanges in the country to restrict select discoms from trading on the exchanges’ platform. It is learnt that Posoco has formally written to the three Read more
Vedanta Aluminium becomes India’s largest industrial RE consumer in 2021
- Jan 13, 2022
Vedanta Aluminium has become the largest industrial consumer of renewable energy (RE) in 2021, a company statement said. The company has led renewable energy procurement on India’s power exchanges – Indian Energy Exchange (IEX) and Power Read more
Power Exchange India launches Integrated Day Ahead Spot market
- Dec 20, 2021
Power Exchange India Ltd (PXIL) has launched the “Integrated Day Ahead Spot market (I-DAS)”, a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. In a release, PXIL said that I-DAS offers market participants the Read more
PXIL to launch trading in Energy Saving Certificates from October 26
- Oct 25, 2021
Power Exchange India Ltd (PXIL) will be launching ESCerts Trading under the Perform, Achieve and Trade (PAT) Scheme - Cycle II, effective October 26, 2021. PXIL had conducted a mock trading session on 8thOctober 2021, which received encouraging reception. Also Read more
Prabhajit Kumar Sarkar, MD & CEO, Power Exchange India Ltd
- Oct 7, 2021
“Under the leadership of the Ministry of Power and with the contribution of all key stakeholders spanning various arms of the Government of India, Regulatory bodies like CERC and SEBI and organizations like PXIL and others, a ten Read more
No decision yet on longer duration contracts on power exchanges
- Jul 29, 2021
In a recent order, Central Electricity Regulatory Commission (CERC) said that it was still premature to grant approval to longer-duration contracts sought by Indian Energy Exchange (IEX) and Power Exchange of India Ltd (PXIL) CERC, in its order dated Read more
NLC India earns Rs.216 crore through power trading in FY21
- Apr 10, 2021
NLC India, formerly Neyveli Lignite Corporation, has earned gross revenue of Rs.216 crore in FY21 through trading of surplus power on the real-time platform of energy exchanges, the Central PSU in the coal ministry said. In a release, NLC Read more