Explore the range of Products with PXIL


With the constant disruption in the energy industry and markets, PXIL makes special efforts to stay ahead of the curve by designing products that are innovative and futuristic. The Exchange ensures global reach and instant access to information with fully-automated and highly secure indigenous online trading platform

Our Products


REC


REC is a market-based instrument that signifies environment attribute of the renewable energy.
Day Ahead Spot

DAS is a contract for delivery of power for the following day, where in multiple buyers and sellers participate and market clearing prices and volumes for each time block are determined by the principles of social welfare maximization.
Intra Day Product

Intra-Day Product allows participants to trade power for specified hours of the same day and next day based on time of bid submission at the Exchange platform. It allows participants to trade power, in blocks of 15 minutes, for delivery commencing from three hours hence.
Any Day Product

Any Day Product allows participants to trade power for single or multiple days in one or more days in advance, up to 11 days. It allows the participants to deal with daily or contiguous days requirement. It provides more flexibility to the participants whose energy requirements are not uniform across the week.
Week Ahead Product

Week Ahead is a product that allows buyers and sellers to trade for delivery of power from Monday to Sunday. Members can bid for round the clock delivery or blocks of hours as defined by PXIL.
Day Ahead Contingency

DAC is a bilateral contract operated after DAS for the delivery of power for the following day.