Launches Power Market Data APIs

Press Release ( - NEW DELHI, India - Apr 05, 2016 - (“IPT”) a fast emerging data and analytics solutions provider in the Indian power market today announced the launch of a set of Application Programming Interfaces (APIs) to simplify access to Indian power market data and feeds. The web API service offers developers a high degree of flexibility and plethora of options to create their own customised applications.

Increased competition in power procurement through medium and short-term markets remains a major hurdle for industries and commercial entities. Discoms, on the other hand, face the challenge to improve financial and operational efficiency through utilisation of all available power sources, including long-term market. Generators face the challenge to maximise profits in a highly regulated sector of the economy. Thus, access to timely, accurate and concise data is paramount.

The APIs, central to IPT’s Web Services, serve as single point destination for data assistance in the Indian power market. Users can access a whole range of parameters that affect power trading and renewable energy certificate markets. In addition to the data directly available from the power exchanges, APIs also exist for fetching data, in real-time, from several state and central level regulatory bodies.

Sanand Sule, Head of Technology Solutions team of said, “IPT Web Services achieve country-wide standardization of big power data by aggregating and crunching it every minute from more than 100 non-standard web and file sources, and offering it as a simple REST API. This, coupled with high availability, accuracy and data security, drastically reduces traders’ research and decision time. IPT Web Services offer an easily consumable data resource to developers who can perform advanced analytics and visualizations, which could give rise to next generation software for the power sector.”

Some of the unique data services offered through the APIs include the list of major buyers and sellers in the collective as well as the bilateral power markets, and prices of the bilateral power transactions across time ranges.

Applauding this achievement of the Technology Solutions team of, Saurabh Shrivastava (Head-Power Markets) said, “The launch of IPT Web Services marks a critical milestone in our path to offer industry-first and state-of-the-art solutions to the stakeholders of the Indian power market. These APIs bring the pulse of the Indian power market to the stakeholders’ mobile or desktop which enables them to take informed yet prompt business decisions.”

About is an online information & analytics platform, to facilitate the Indian Power Market stakeholders (buyers, sellers, IPPs, traders and other information seekers) with latest real-time market insights. We believe ‘Information is Power’ and the right information at right time synergizes to possess the desired business edge and improved profitability. is powered by Climate Connect Limited.

Business Info :

This Free PR posting shall be removed from listing sooner. If you are authorized representative for this PR and want permanent listing, you can upgrade to Premium PR listing. Contact us at [email protected] for other personalized offers.

You may also like this  

DISCLAIMER : If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/services/business mentioned and hereby disclaims any content contained in this press release.


Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or form here

Already have an account ? Login

Reset Password

Already have an account ? Login