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Shares of Indian Energy Exchange fell by 5%, this is the reason for the decline.

 IEX Share Price: In a notice dated February 6, CERC said that Grid India will run a shadow pilot for market coupling of three power exchanges – Indian Electricity Exchange (IFX), Power Exchange of India (PXIL) and Hindustan Power Exchange (HPX). Will develop necessary software in the next two months



IEX Share Price: Shares of Indian Energy Exchange Limited (IEX) increased by 5 percent today on 7th February.There has been a decline of more. At present this stock is trading at Rs 145.10, down 5 per cent. In fact, the Central Electricity Regulation Commission (CERC) ordered a shadow pilot on market coupling of power exchanges in India. A day after this order of CERC, a decline in the company's shares was seen today. With today's fall the market cap of the company decreased to Rs 13.039 69 crore.

CERC notice

In a notice dated February 6, CERC said Grid India will conduct shadow pilots over the next two months for market coupling of three power exchanges - Indian Electricity Exchange (IEX), Power Exchange of India (PXIL) and Hindustan Power Exchange (HPX). Will develop necessary software. After the pilot, the exchanges will share data and information with CERC to decide on the benefits of the coupling.

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