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Indian Energy Exchange: FTIL mulls appeal against CERC order

Last Updated: Sunday, June 22, 2014, 19:10

Financial Technologies is mulling appealing against electricity regulator CERC's order that directs the company to completely divest its stake in the Indian Energy Exchange (IEX).

Jignesh Shah quits Indian Energy Exchange board

Last Updated: Thursday, April 03, 2014, 21:20

Jignesh Shah has quit from the board of Indian Energy Exchange (IEX) amid his group grappling with multiple woes in the wake of Rs 5,600 crore payment crisis at the National Spot Exchange Ltd.

CERC asks IEX to explain its association with Jignesh Shah

Last Updated: Tuesday, January 14, 2014, 18:18

Shah and his flagship firm Financial Technologies (India) Ltd came under the scanner after a payment fiasco at its group entity National Spot Exchange Ltd.

Electricity price on bourse slides to Rs 2.05 per unit in Aug

Last Updated: Wednesday, September 04, 2013, 15:37

The market clearance price has been exceptionally low this summer in comparison to prices over the same time in all five years since the bourse began operations in 2008.

IEX sees higher electricity availability in July

Last Updated: Friday, August 16, 2013, 17:09

Good monsoons helped electricity supply outstrip the demand by a wide margin on the Indian Energy Exchange last month, although the average price remained attractive and hovered at around Rs 2.28 per unit.

Moily sets ambitious target of energy independence by 2030

Last Updated: Monday, March 25, 2013, 11:44

Stressing need for increasing domestic oil and gas production, he said: " Our government will make every effort to reduce nation''s dependence on imported oil."

IEX, America's PJM in pact to explore biz opportunities

Last Updated: Tuesday, November 06, 2012, 19:16

Indian Energy Exchange (IEX) Tuesday entered into a pact with US-based PJM Technologies to explore opportunities for business collaboration as well as knowledge sharing activities.

Indian, overseas power exchanges to discuss issues next month

Last Updated: Wednesday, October 31, 2012, 18:53

Representatives from the Indian Energy Exchange and more than 30 power bourses worldwide, including those from the US and Germany, will deliberate on electricity trading and related issues here next month.

Open access can help in reducing power tariffs, says IEX

Last Updated: Sunday, July 15, 2012, 12:05

A leading power bourse, IEX has about 95 percent share of the power trading market in the country.

Costly, inefficient energy subsidies damaging Indian eco: WEF

Last Updated: Sunday, April 22, 2012, 12:03

The World Economic Forum has said costly and inefficient subsidies are damaging the Indian economy and emphasised on the need for more transparency in the Indian energy market to attract investments.

PTC India Financial offloads 14% stake in IEX for Rs 71 cr

Last Updated: Friday, March 30, 2012, 16:37

PTC India Financial Services, an arm of power trader PTC India, today said it has sold 14 percent stake in Indian Energy Exchange Limited (IEX) for Rs 71 crore.

Vedanta-Cairn deal biggest ever for Indian energy sector

Last Updated: Thursday, December 08, 2011, 21:14

Billionaire Anil Agarwal-led Vedanta group's USD 8.6 billion acquisition of Cairn India, whose completion was announced on Thursday, has become the biggest M&A deal ever in the Indian energy sector.