Indian Energy Exchange Senior Software Developer Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹4.7 Lakhs - ₹13.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

36% less than the average Senior Software Developer Salary in Power Companies for 1 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Software Developer Salary 2 - 7 years exp. (3 salaries)	₹5.3 L/yr - ₹13.2 L/yr
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IT & Information Security Senior Software Developer Salary 1 year exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 28 Jan 2025

Companies similar to Indian Energy Exchange for Senior Software Developer

Company name	Avg Annual Salary	Open Jobs
Enphase Energy Senior Software Developer Salary 3 - 7 years exp. (10 salaries)	₹23 L/yr - ₹50 L/yr 305% more
Eaton Senior Software Developer Salary 6 - 9 years exp. (8 salaries)	₹11 L/yr - ₹24 L/yr 137% more
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L&T Power Senior Software Developer Salary 4 - 7 years exp. (4 salaries)	₹4 L/yr - ₹9.2 L/yr 24% less
Tata Power Senior Software Developer Salary 4 - 6 years exp. (3 salaries)	₹8.3 L/yr - ₹22 L/yr 70% more
Infosys Senior Software Developer Salary 4 - 5 years exp. (2.3k salaries)	₹3.6 L/yr - ₹8.9 L/yr 35% less	3 job openings

Senior Software Developer salary at Indian Energy Exchange ranges between ₹4.7 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Energy Exchange.

Experience wise Indian Energy Exchange Senior Software Developer salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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6 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
7 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

Similar Designation salaries in Indian Energy Exchange

Senior Software Engineer Salary

(11 salaries)

₹4.8 L/yr - ₹7.68 L/yr

Software Developer Salary

(4 salaries)

₹4 L/yr - ₹5.5 L/yr

Software Engineer Salary

(17 salaries)

₹4 L/yr - ₹5.48 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

System Engineer Salary

(5 salaries)

₹4 L/yr - ₹7.1 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹23 L/yr - ₹29.3 L/yr

Salary related reviews for Indian Energy Exchange

2.0

Rated by 1 employees for salary & benefits

Project Lead- Development in Mumbai

Full Time

Other Department

3.0

• posted on 31 Jul 2022

2.0

for Salary and Benefits

Likes

Business or Domain of Power Exchange

Job security - Good

Dislikes

...ing option after certain period or designation. Not used latest technologies. Salary structure not as per market standard.

Salary - Poor

+2 more

Security Supervisor in New Delhi

Security Services Department

5.0

• posted on 19 Jul 2020

5.0

for Salary and Benefits

Likes

I am a proud employee of this company.During lockdown,IEX provided me the salary of three months without working even for a single day.Even ,after lockdown,it is giving its employees the salary of 15 days without working i.e.we are giving 15days paid leave.I love the work culture of this company.

Salary - Excellent

+6 more

Project Development Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Tea at your desk. Leaves can be taken

Dislikes

There are lot of things that are already mentioned above. Fake PIP programs to fire people when is already decided. Favoritism at the top.Poor IT infrastructure. No software life cycle is exercised. Hopeless Management

Skill development - Poor

+5 more

Senior Executive in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Jan 2023

1.0

for Salary and Benefits

Likes

Everything is pathetic.

Work-life balance - Good

Dislikes

Extremely toxic and disrespectful work culture upto the top management . Favours the toxic people. No structured training program which creates a lot of stress on the trainee.

Salary - Bad

+5 more

Junior Business Analyst in Mumbai

Data Science & Analytics Department

2.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

In The development team, u will find more learning and good work culture rest in all the teams u will find bad work politics

Job security - Good

Dislikes

The work culture is very bad,u will find bad work politics. The work culture is not good. Even if you work late u have to be in office tom by 10 Orelse half day. No compoffs if you work on sat and Sun. And u will be called to work on sat and sun.

Promotions - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indian Energy Exchange Senior Software Developer Salary FAQs

What is the salary of Senior Software Developer at Indian Energy Exchange ?

The average salary of a Senior Software Developer at Indian Energy Exchange in India typically ranges from ₹4.7 Lakhs to ₹13.2 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Senior Software Developer at Indian Energy Exchange earn more than ₹13.2 Lakhs per year, and the top 1% earn over ₹13.2 Lakhs per year. Senior Software Developer Salaries at Indian Energy Exchange can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Indian Energy Exchange employees in India.

What is the estimated take home salary of a Senior Software Developer at Indian Energy Exchange in India?

The estimated take-home salary of a Senior Software Developer at Indian Energy Exchange in India typically ranges from ₹66,233 to ₹67,926 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹13.2 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Indian Energy Exchange. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Energy Exchange for Senior Software Developer in India?

Enphase Energy	₹23.0 Lakhs to ₹50.0 Lakhs per year
Eaton	₹11.0 Lakhs to ₹24.0 Lakhs per year
Tata Power	₹8.3 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Energy Exchange, depending on the role and experience level.

What is the salary of a Senior Software Developer in companies similar to Indian Energy Exchange in India?

The salary of a Senior Software Developer at companies similar to Indian Energy Exchange in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Power	₹4.0 Lakhs to ₹9.2 Lakhs per year
Infosys	₹3.6 Lakhs to ₹8.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Software Developer at Indian Energy Exchange in India?

The salary growth for a Senior Software Developer at Indian Energy Exchange depends on factors such as experience, performance, and promotions. On average, a Senior Software Developer can expect the following growth trajectory at Indian Energy Exchange:

Experience	Average Salary Range
1 year	₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years	₹11.9 Lakhs to ₹15.2 Lakhs per year
7 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Indian Energy Exchange Senior Software Developer Salaries

Indian Energy Exchange Senior Software Developer salary in India ranges between ₹4.7 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Energy Exchange latest salaries received from various employees of Indian Energy Exchange.