At a time when the energy landscape in India was rife with inefficiencies and discrepancies between supply and demand, Jignesh Shah‘s Indian Energy Exchange (IEX) brought in a revolution in the whole energy sector by eliminating disruptions, misalignments and energy waste. Established in 2008, IEX became an open-access market mechanism for power trading that enabled the electricity surplus states and electricity deficit states with timely hedging and risk management, which was a common occurrence before the
