IEX & JEPX Sign Memorandum of Understanding (MoU) - The Organizations
to jointly explore Opportunities of Cooperation in Electricity Market11 April 2018Highlights••

Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX)
sign an MoU on 28th March,2018.
The two organizations set to cooperate in: technology related information,
share experience in product development, training with regard todevelopment of electricity trading through competitive market platforms
and mutually beneficial commercial initiatives.

The Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX)
have entered into a Memorandum of Understanding (MoU) on 28th March,2018
for jointly exploring the opportunities of cooperation in electricity market.
The Intent of the MoU is to share experience and cooperate with each other inrespect of technology and in energy market products development. The scope ofMoU includes opportunities for training to augment the electricity trading
through competitive market platforms by organizing knowledge sharing
programs. These initiatives would help both the organizations in elucidating theelectricity markets and in learning the laws and rules pertaining to electricity
trading in both the countries. This collaboration would be beneficial for both theexchanges and for the larger good of the power markets in India and Japan.
Speaking on the occasion, Mr. SN Goel, Managing Director and CEO, IEX said
that “The Power Exchanges in India have high growth potential. As the energy
markets in India and Japan both have potential to grow, expand and diversify, Ibelieve this collaboration with JEPX will ultimately benefit overall market
development in both countries.”
Speaking on the occasion, MR. Takashi Murakami, Chairman and CEO, JEPX
said that “We are very much pleased to have close relationship with IEX in orderto share experiences regarding full liberalization of electric power market.”
ABOUT IEX
IEX is India’s first and largest power exchange offering participants an automated platform totrade in Electricity, Renewable Energy Certificates (RECs) and Energy Saving Certificates(ESCerts). The exchange enables competitive and efficient price discovery, increases theaccessibility and transparency of the power market and enhances the speed and efficiency oftrade execution. The Exchange is certified for quality management (ISO 9001:2008, Informationsecurity management (ISO 27001:2013) and environment management (ISO 14001:2004) and is alisted Company on both NSE and BSE. www.iexindia.com
ABOUT JEPXJapan Electric Power Exchange JEPX operates physical short-term electricity markets in Japan.
Contribution to the liberalisation of Japanese electricity market is what defines JEPX’s mission. In
2017fy, its 135 members traded 61TWh – 8% of whole electricity consumption of Japan. JEPX is
an independent non-profit organization designated as a wholesale electric power exchange byMinister of Economy, Trade and Industry under Electricity Business Act of Japan. For moreinformation, please visit www.jepx.org.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
FOR FURTHER DETAILS, PLEASE CONTACT:
Ms. Shruti Bhatia
Vice President –Regulatory Affairs andCommunication
Telephone: +91-11-43004077 I +919654352741
Email: shruti.bhatia@iexindia.com

Mr. Naoki Kishimoto
General Manager
Japan Electric Power Exchange
Okayasu Bldg., 4F, 7-14, Shibaura 1-chome,Minato-ku Tokyo
Email: kishimoton@jepx.org