Hindustan Power Exchange crosses 100 MUs of power trading
Hindustan Power Exchange Ltd., promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, yesterday crossed 100 MUs mark of traded power since its launch. The newly formed power trading exchange achieved the milestone in just two weeks of its operations.
HPX is now the number two exchange in the country in the segment it launched (Contingency). The peak volume achieved at HPX in first 15 days stands at 15 MUs while the daily average volume of 7.5 MUs has been registered at the HPX platform till date.
Further, HPX has also attained 37% of the total market share of ‘Contingency market’ as per the trades registered at the close of trading yesterday.
The exchange is presently offering trading in Contingency contracts, Green Contingency contracts, and Renewable Energy Certificates and plans to launch Day Ahead Market, Green Day Ahead Market & Real Time Market soon.
