Schedule a Call Back
Hindustan Power Exchange Ltd (HPX) - promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank – has crossed 100 MUs mark on July 21, 2022, of traded power since its launch. The newly formed power trading exchange achieved the milestone in just two weeks of its operations. HPX is now the number two exchange in the country in the segment it launched (Contingency). The peak volume achieved at HPX in first 15 days stands at 15 MUs while the daily average volume of 7.5 MUs has been registered at the HPX platform till date.
Further, HPX has also attained 37% of the total market share of ‘Contingency market’ as per the trades registered at the close of trading yesterday.
Backed by the latest technology and a series of innovative features, the third power exchange of India promises to offer speed, transparency, and better price discovery in the execution of trades. The exchange is presently offering trading in Contingency contracts, Green Contingency contracts, and Renewable Energy Certificates and launching Day Ahead Market, Green Day Ahead Market & Real Time Market soon. It is steadily increasing its product portfolio and is set to provide a wide range of contracts to address the demand of different segments of the electricity market.
Hindustan Power Exchange (HPX), formerly known as Pranurja Solutions Ltd, is a recently launched electricity exchange in India. It has commenced the operations from July 6, 2022. Currently, the exchange is offering electricity trade in Contingency Contracts, Green Contingency Contracts and Renewable Energy Certificates and gradually electricity trading in other market segments will be rolled out. Backed by technology from Europe and world’s fastest exchange (BSE), HPX promises better price discovery and an unmatched user experience to its market participants.
Sam, with a rich 18-year history of leadership roles across the power sector, will lead the effort to expand company’s footprint in the ASEAN market
Read moreIt is paradoxical that inspite of having the world’s largest employable population, Indian manufacturers are struggling to find skill labour. India needs to fix the skill set gap fast, if it wants..
Read moreWhile the new Electric Vehicle (EV) policy aims to promote EV manufacturing in India, there could be some risk to a few of the upcoming high-end SUV models and imported luxury vehicles, says Rakesh ..
Read morePOM Systems & Services Pvt Ltd offers a wide range of
PCS power conversion systems energy storage.
Transparent Energy Systems Private Limited offers a wide range of Hot water generators - Aquawarm Superplus.
Fluid Power Machines offers hydraulic scrap baling press. Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
Hi There!
Now get regular updates from IPF Magazine on WhatsApp!
Click on link below, message us with a simple hi, and SAVE our number
You will have subscribed to our Industrial News on Whatsapp! Enjoy
Schedule a Call Back