Indian Energy Exchange Limited has announced a name change for its wholly owned subsidiary, marking a corporate restructuring development for the energy trading platform.

Subsidiary Name Change Details

The company has informed stock exchanges about the renaming of its subsidiary from International Carbon Exchange Private Limited to ICX Private Limited. This change became effective on February 18, 2026, following approval from the Registrar of Companies, Ministry of Corporate Affairs.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Indian Energy Exchange Limited has formally notified both major stock exchanges about this corporate development.

The communication was sent to BSE Limited and National Stock Exchange of India Limited, ensuring proper disclosure to all stakeholders. The company has also committed to making this information available on its official website at www.iexindia.com .

Corporate Structure Impact

The name change represents a streamlined approach to the subsidiary's branding, moving from the longer International Carbon Exchange Private Limited to the more concise ICX Private Limited. This change affects the corporate structure of Indian Energy Exchange Limited while maintaining the subsidiary's status as a wholly owned entity.

The notification was signed by Vineet Harlalka, who serves as CFO, Company Secretary & Compliance Officer for Indian Energy Exchange Limited, ensuring proper authorization and compliance with regulatory requirements.

Indian Energy Exchange has achieved a significant milestone by reporting record monthly electricity trading volume of 13,050 MU in January, marking a substantial 19.6% year-over-year growth. This performance represents the highest monthly trading volume recorded by the company and demonstrates strong momentum in India's electricity trading market.

Record Trading Performance Across Segments

The company's January trading figures showcase robust growth across multiple market segments. The Real-Time Electricity Market (RTM) emerged as a standout performer with volume reaching 4,638 MU, representing a remarkable 52.8% year-over-year increase from 3,036 MU in the previous year.

Competitive Pricing Environment

The exchange witnessed significant price declines across key market segments, creating opportunities for distribution companies and commercial consumers. Enhanced hydro, wind, and solar generation along with sustained coal-based supply resulted in higher liquidity and competitive pricing on the platform.

Green Energy and REC Trading

The Green Market segment achieved 832 MU volume during January compared to 752 MU in the previous year. Additionally, 23.91 lakh Renewable Energy Certificates were traded during the month at clearing prices of Rs 339/REC and Rs 333/REC in sessions held on 14th and 28th January respectively.

Market Context and Performance

According to government data, the country's energy consumption reached 142.74 BUs in January, reflecting a 3.8% increase compared to the previous year. The competitive pricing environment presented opportunities for market participants to replace costlier power by procuring through exchanges, contributing to the strong trading volumes across segments.