HPX crosses 1 BUs of power trading since launch

Hindustan Power Exchange Limited (HPX) has reached the milestone of 1 billion units (BUs) of power traded within six months of its launch.

With more than 360 market participants, HPX has also raced to register participants comprising 80 per cent buy volume of overall day ahead market, 90 per cent sell volume of green day ahead market and 70 per cent buy of real time market. HPX is now the number two exchange of the country in the contingency segment, and the total settlement registered on its platform was Rs 12.50 billion.