In the present scenario, buyers and sellers at each exchange do trading of electricity and discover spot price separately at these exchanges. After coupling of exchanges, the price discovery would be uniform.
Naveen Singh, head, business development at Hindustan Power Exchange, said in a statement that the decision to implement market coupling on power exchanges is a welcome move for the power market.
NEW DELHI, Sept 11: Outstanding dues of electricity distribution companies (discoms) towards gecos, which remains over Rs 1 lakh crore at any point of time, will be eliminated in the next four years, Union power minister R K Singh said. The Government has converted the total outstanding dues of discoms toward gencos (power generator companies) into Equated Monthly Installments (EMIs). These EMIs have maximum tenure of four years and thus the total outstanding dues of discoms would be nil by […]
The debarment by the POSOCO of electricity trading by 27 power utilities in 13 states has put the spotlight back on key reforms outlined in the Electricity (Amendment) Bill, 2022.