KPX and PXIL explore business collaboration [July 2012]

Power Exchange India Limited (PXIL) signed a Memorandum of Understanding with Korea Power Exchange (KPX) to explore business collaboration for strategic initiatives in overseas power markets at the APeX annual regional conference 2012 in Seoul, Korea.
The priority areas identified for joint working and cooperation are; sharing of information regarding power markets, cooperation on improvements of competitive electricity markets, training employees to enhance their understanding of the electricity markets and sharing of expertise including the new business initiatives like REC trading. Through this MoU, both the organisations can synergise their efforts in taking forward their expertise and knowledge for offering effective solutions to power markets at the national and international level.
“The MoU will bring in a global perspective which will help us to create a benchmark in the areas of operations and product offerings.” said Rupa Devi Singh, Managing Director and CEO, PXIL.

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