India’s first carbon-neutral power exchange

Indian Energy Exchange (IEX), an Energy trading platform, became the country’s first carbon-neutral power exchange  using market based tradable instruments to offset its carbon emissions.

To reduce its carbon footprint, IEX voluntarily cancelled CERs (certified emissions reductions) from clean projects registered under the Clean Development Mechanism of United Nations Framework Convention on Climate Change.

IEX’s commitment towards climate mitigation will support the corporates and industries who want to be associated with an environmentally responsible organization and will enable them to contribute towards the critical challenge of climate change, the company stated.

EKI Energy, global service provider in the sphere of Energy, Carbon Credit & Quality Management, was the sustainability partner by providing advisory & consultancy services in this climate action exercise.