Indian Energy Exchange Limited (IEX.BO)

179.60 +1.30 (+0.73%) At close: 03:59PM IST

Indian Energy Exchange Limited

Plot No. C-001/A/A
9th Floor Max Towers, Sector 16B Noida
Gautam Buddha Nagar 201301
India
91 11 3044 6511
https://www.iexindia.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Satyanarayan N. Goel	MD, CEO & Chairman	35.1M	N/A	1954
Mr. Vineet Harlalka A.C.A. A.C.S.	CFO, Compliance Officer & Company Secretary	12.61M	N/A	1975
Mr. Indranil Chatterjee	Head of Risk, Alliances & Strategic Diversification	N/A	N/A	1977
Mr. Amit Kumar	Head of Market Operations & New Product Initiatives	N/A	N/A	1978
Mr. Deepak Mehta	Senior Vice President of Business Development - Gas Business	N/A	N/A	1973
Jogendra Behera	VP & Chief Risk Officer	N/A	N/A	1977
Mr. Rohit Bajaj	Executive Director of Business Development,Strategy and Regulatory Affairs	N/A	N/A	1973
Ravi Kiran Kuchi	Vice President of Business Development	N/A	N/A	1983

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Indian Energy Exchange Limited operates a power trading platform. It enables trading and price discovery of electricity and related products with risk management for participants of the electricity market. The company's products include Day-Ahead Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; Green Day-Ahead Market, a double-sided closed collective auction in renewable energy on a day-ahead basis; Cross-Border Electricity Trade, an endeavour towards building an integrated South Asian Power Market; and Energy Saving Certificates, a market-based instrument designed for the consumers in energy industries, such as aluminum, cement, thermal Power plant, distribution, utilities, refineries, railways, fertilizer, and iron and steel. Indian Energy Exchange Limited was incorporated in 2007 and is based in Gautam Buddha Nagar, India.

Corporate governance

Indian Energy Exchange Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.