About PXILPower Exchange India Limited (PXIL) is India’s first institutionally promoted Power Exchange that provides innovative and credible solutions to transform the Indian Power Markets.
PXIL is promoted by the National Stock Exchange of India Limited (NSE), and the National Commodity & Derivatives Exchange Limited (NCDEX). The other stakeholders are Power Finance Corporation Limited, Gujarat Urja Vikas Nigam Limited, West Bengal State Electricity Distribution Company Limited, Madhya Pradesh Power Trading Company Limited, JSW Energy limited, GMR Energy Limited and Tata Power Trading Company Limited.
Our core values are – integrity, excellence, commitment, and continued innovation. These are the bedrock on which the edifice of PXIL stands.
In line with regulatory guidelines PXIL provides the compulsory delivery based products such as Weekly, Day-Ahead Spot and Day Ahead Contingency products for the market participants to trade.
PXIL has already received approval for launch of its Renewable Energy Certificate (REC) product. The trading for the same would commence soon.
PXIL is also in the process of receiving approval from the regulator for launching longer tenure products that would enable the market participant to trade in up to three months in advance.
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IInd Floor, Jeevan Vihar Building,
3 Sansad Marg, Parliament Street,
New Delhi - 110 001, INDIA
Office: + 91-11-6611 4753 / 51
Fax: + 91-11 6611 4849