Sunday, 14 May 2017

INDIAN ENERGY EXCHANGE LIMITED (IEX) - INDIA’S NO.1 POWER EXCHANGE


INDIAN ENERGY EXCHANGE LIMITED (IEX) was established by Central Electricity Regulatory Commission (CERC) in 2008. IEX is an electronic system based Power Trading Exchange. IEX provides Power Trading in India to various participants in power market i.e State Electricity Boards, Power producers, Power Traders and Open Access Consumers (both Industrial & Commercial).IEX provides transparent , netural and demutualized and automated platform for physical delivery of electricity.

(Check the Market Data - https://www.iexindia.com/#?id=4&mid=0)


Products Segments on IEX –
  1. Day Ahead Market (DAM) - Participants transact electricity on 15-minutes block basis, a day prior to the delivery of electricity.
  2. Term Ahead Market (TAM) It covers range of buying/selling for duration of upto 11 days.
  3. Renewable Energy Certificate (REC) – It facilitates transaction in green attributes. It helps the purchaser to fulfill his RPO (Renewable purchase obligations) and also help to compensate their conventional energy consumption into carbon free green consumption. The REC Market offers both solar and non-solar RECs.
  4.  Energy Saving Certificates (ESC) – This will be the tradable certificates under the Perform, Achieve, Trade (PAT) Scheme of Bureau of Energy Efficiency (BEE), a market-based mechanism to incentivize energy efficiency in large energy-intensive industries.



Alliances of IEX –
India Energy Exchange has alliances both National and International.

Association of Power Exchanges (APEx)
Energymarketprice
European Power Exchange (EPEX Spot)
PJM Technologies Inc
Confederation of Indian Industry (CII)
Council of Power Utilities (CPU)
Federation of Indian Chambers of Commerce and Industry (FICCI)
The Associated Chambers of Commerce and Industry of India (ASSOCHAM)


Total Participants to IEX-
Till date IEX has more than 4200 participants across utilities from 29 States, 5 Union Territories (UTs), 1200+ private generators (both commercial and renewable energy) and more than 3700 open access consumers are leveraging the Exchange platform to manage their power portfolio.


FINANCIAL HIGHLIGHTS – 3 Years Ended March (Fig in Crs)

PARTICULARS
2014
2015
2016
INCOME
174
177
200
PAT
92
90
100
EPS
33.88
33.13
34.71
EQUITY
27.29
27.29
28.81
PREF. SHARES
3.03
3.03
1.51
FACE VALUE
10
10
10
BOOK VALUE
86.36
70.91
68.25


Notes –
1. Preference Shares are compulsory convertible into equity shares in ration 1:1 face value 10/shr. The CCPS shall be entitled to a dividend at the rate of 0.0001% per annum .The CCPS shall be converted into equity shares by the Company upon the happening of (a) a Qualified IPO, or (b) upon being required to convert under law, or (c) upon the expiry of a period of 20 years from the date of their issuance, whichever is earlier (“Maturity Date”).

2. ESOP Granted in 2014 shall be exercised 100% on completion of one year and successful completion of the IPO and listing of the Company's equity shares at Stock Exchange.




For buying and selling any unquoted / unlisted / delisted or suspended shares in physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on mittalmanish2003@gmail.com























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