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IEX launches cross-border power trading - Business2Business

New Delhi: IEX NSE 0.84%, India's largest energy exchange, launched daily cross-border electricity trading on its platform on Monday, a move that brings New Delhi's vision to integrate its neighborhood into the south Asian Power grid at NSE 1.07% as a way Improving access to energy in the region one step closer to reality.

Nepal is the first country to make a daily energy exchange call from NTPC NSE 1.16% Vidyut Vyapar Nigam, a subsidiary of India's largest energy producer, NTPC.

Cross-border trading will unlock the regional market potential that could extend into Myanmar. As a surplus country, India is well-positioned to function as a regional hub for electricity trading.

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