Journey so far
2005
Start
Started journey through Flagship Company i.e. Manikaran Power Limited on 28th October 2005
2008-11
Marking Presence
Introduction of first Industrial client to Power Exchange. Became fastest growing organization for client introduction on Power Exchange.
2012-15
Power Trading Starts
Launched Smart Energy Meter Data Analysis System. Research started on RE SCADA Integration & Analytics. Recognized as CERC Trading Licensee.
2016-19
Solutions based Organisation
1st Interstate Solar Power transaction to Utility in Short Term. 1st Private Power Trader to do Cross Border Trade.
2020-24
Strategic Expansion
1st Full Trading Member on IGX. Evolved as Largest Renewable Analytics Platform. Strategic Investment in Hindustan Power Exchange.
2026-2029
Augmenting Forte & Variegate
5 GW power assets. BESS Solutions. iREC / REC. Biomass based Solutions. Waste to Energy.
IEX has been associated with Manikaran Power Limited since 2009, witnessing its commitment to growth and excellence.
MPL continues to make power markets more accessible to the C&I segment with innovative solutions.
We congratulate MPL on becoming the 1st Member of Indian Gas Exchange (IGX).
Rajesh K Mediratta
Director (Strategy) Indian Energy Exchange (IEX)
We had a great experience working with Team MPL. Our requirements are challenging and MPL has been able to meet our expectations.
Rajesh Kumar Jindal
CEO Bhilangana Hydro Power Limited (A Venture of Polyplex Group)
Manikaran Power Limited has an excellent team of dedicated professionals with outstanding execution and excellent customer service. Their promptness speed to convert proposals into final contracts is beyond expectation. We’re proud to feature them as one of our recommended traders. Keep up the great work!
Anshul Garg
Head – Power Sales & Trading Energy Business Adani Power