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Home | About Us | Introduction

  Introduction
  The GMR Group has a significant presence in the power sector through its power companies, under the flagship of GMR Energy Ltd ( GMR Group). GMR Group has a current installed capacity of 823 MW of power projects with nearly 8000 MW under various stages of implementation and development.

GMR Group holds the distinction of being the first private company to develop a 1500 MW hydro power plant in Nepal. To expand its footprints in the international energy market, GMR Group acquired a 50% stake in InterGen, a Dutch power major with a global asset base of 8000 MW installed capacity. Further, GMR Group has acquired stake in the prestigious Power Exchange India Ltd. (PXIL) which is promoted by National Stock Exchange (NSE) and National Commodity & Derivatives Exchange Limited (NCDEX). PXIL is one of the two Power Trading Exchange operating in the country today  and the other is the Indian Energy Exchange(IEX) promoted by Multi Commodity Exchange of India Ltd (MCX) and Financial Technologies.

GMRETL was incorporated on 29th January’2008 with the objectives of optimizing the Group’s energy assets and bridging the demand supply gap in India by trading power from other power generators/utilities.

GMRETL has trained and well-experienced manpower to conduct its power trading operations. The company’s highly skilled staff is handling all types of trades through bilateral trades & through Power Exchanges. The company has established excellent relationships with its stakeholders and has dealt with various Electricity Utilities of States such as Rajasthan, Haryana, Maharashtra, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka etc. and with private Discoms of Delhi, Mumbai and Noida.

GMRETL has also been buying and selling surplus power from various Captive Power Plants and Independent Power producers located in the states of Rajasthan, Madhya Pradesh, Chhattisgarh, Gujarat and Karnataka. GMRETL also holds the distinction of being among the select few power trading companies to have scheduled power to large industrial customers from an IPP. In order to enhance the value of the services to its clients, GMRETL is one of the few Licensed Power Trading Companies which has acquired Trading and Clearing Membership of both the operational Power Exchanges in the country i.e. IEX and PXIL.
 
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