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Power Exchange India operates an electronic marketplace for electricity and renewable energy certificates.
Founded in 2008 and based in Mumbai, India, Power Exchange India provides an electronic marketplace for electricity and related products. Its markets include day-ahead, real-time and term-ahead contracts, as well as green energy contracts and renewable energy certificates. The platform serves more than 4,748 clients across India, including energy producers, distributors and large consumers. In April 2025, Norwest Venture Partners acquired a 5% minority stake through a PIPE deal; financial terms were not disclosed.
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