IEX to open wholly-owned subsidiary to explore Carbon market

The Indian Energy Exchange (IEX) has received approval to establish a wholly-owned subsidiary company in India to investigate business opportunities in the carbon market. The Board of Directors approved the proposal in principle at their meeting on November 25, 2022.

IEX is India’s leading energy exchange, offering a nationwide, automated trading platform for physical delivery of electricity, renewable energy, and certificates such as renewable energy certificates and energy saving certificates.

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