is a public limited company incorporated under the provisions of the Companies Act 1956, with the main objective of carrying on the business of Power Exchange to facilitate, promote, assist, regulate and manage dealings in Power.

NPEX will establish, operate and manage specialized automated electronic platform with modern facilities to facilitate nation-wide trading in all types of contracts for buying and selling of all forms of electrical energy, ancillary services, transmission rights etc., including derivatives (as may be permissible under applicable laws and regulations), and clearing and settlement thereof in a transparent, fair and open manner with non-discriminatory access to all players in the power market.

Vide Order dated 1st July 2009 , the Central Electricity Regulatory Commission has granted in-principle approval to National Power Exchange for setting up and operating a Power Exchange at National level.

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