Power Exchange India Limited (PXIL), India’s first institutionally promoted power exchange provides a nationwide electronic platform to facilitate the trading of electricity. Established in 2008, PXIL provides a robust state-of-the-art business technology to support operations, scheduling and settlement business processes related to electricity market. Our equity partners are Power Finance Corpora
tion Limited, Gujarat Urja Vikas Nigam Limited, Madhya Pradesh Power Trading Company Limited, West Bengal State Electricity Distribution Company Limited, JSW Energy Limited, The Tata Power Company Limited and GMR Energy Limited. We have been driving the Indian electricity market towards a multi-buyer and multi-seller structure based on standardized contracts, transparency, tight risk management and guaranteed transaction settlement. The mainstay of PXIL is its orientation towards continuous innovation, unquestionable integrity, commitment, achieving milestones and a passion to create a difference in the market. The exchange continues to function in an objective fashion and focuses on customer centricity and excellence in all its endeavors. PXIL has always been on the forefront of policy advocacy and making significant developments for the betterment of the Indian electricity market to pursuit its objective of creating a competitive and sustainable market.
