The Indian Power industry is in a dynamic phase. Unbundling of SEB’s & providing competition is the essence of Indian Electricity Act 2003. It is therefore essential that infrastructure and type of market be carefully designed & studied by every individual organization interested in open access & bias-free energy trading. CERC has approved collective bidding on a common platform so that price is determined by market forces and to achieve this start of Energy Exchanges in India was identified as the need of the day. Manikaran Power Limited (MPL) can help your organization acquire essential knowledge about power market issues and concepts.
Formed in 2005, Manikaran Power Limited (MPL) is a Trading Member of Indian Energy Exchange (IEX) and Power Exchange India Ltd (PXIL).It also an Inter State Trading Licensee.
Its main objective is to fulfill the Short term as well as Long term energy requirements of its customers. It aspires to contribute positively to energy related issues.
To start with MPL is providing trading in Day Ahead Markets (DAM) with delivery on the following day. All Day Ahead Market (DAM) operations will be carried on according to the rules and regulations of CERC.