November 17, 2014, New Delhi: The SAARC Energy Centre (SEC) based in Islamabad, Pakistan in collaboration with the Indian Energy Exchange (IEX) organised the first ever Webinar on "Concept, Establishment & Operation of a Power Exchange in the perspective of Regional Power Trading" on November 11 and 17, 2014 at New Delhi. Over 300 delegates attended the first webinar from the SAARC countries: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.

Commenting on the success of the first ever webinar, Mr Salis Usman, Program Coordinator, SAARC Energy Centre said, "This webinar was organized with two fold objectives: (a) develop the power market in SAARC region by connecting SAARC Member States and (b) share India's success story which has a very vibrant power market with power exchanges as an integral part of the dynamics".

"The Indian Energy Exchange can play a key role in integrating and connecting the power systems in the SAARC nations by facilitating power trading through the its platform which could be achieved with minimal changes/actions in the current power market regulatory framework in India," said Mr Rajesh K Mediratta, Director, Business Development, IEX.

IEX in its theme presentation at the webinar mainly focused on various aspects of power trading through exchanges constituting: concept and function of a power exchange, trading on power exchange, price discovery, bidding, transparency, competitiveness, etc.

IEX has emerged as India's premier energy trading platform in a short span of six years. Currently, IEX operates Day-Ahead Market (DAM) and Term-Ahead Market (TAM) in electricity as well as Renewable Energy Certificate (REC) Market. The Exchange provides a transparent, demutualised and automated platform enabling efficient price discovery and price risk management for participants. IEX is approved and regulated by Central Electricity Regulatory Commission (CERC) and operating since 27 June, 2008.