The Indian Energy Exchange (IEX)[2] is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC).

IEX operates a day-ahead market based on closed auctions with double-sided bidding and uniform pricing;[4] it has over 3,800 registered clients, over 300 private generators, and more than 3,300 industrial electricity consumers.

The aim of the promoters was to magnify the unexplored potential of the Indian Power market and abridge the demand supply gap.

Thereby creating a marketplace wherein players from different purposes may garner business potential.

The exchange has launched a range of products and are broadly classified as: Day Ahead, Term Ahead, Renewable Energy Certificates, and Energy Saving Certificates(Es Certs) Indian Gas Exchange (IGX) is a wholly owned subsidiary of IEX, which involves in trading spot and forward contracts of Gas.