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The Central Electricity Regulatory Commission has issued directives to power exchanges to prohibit manual entry of bids on behalf of members during or after trading hours and to reject any bids submitted after trading hours. It has also ordered audits of the processes and software of the exchanges to ensure compliance with the Power Market Regulations 2021. Additionally, the commission has disallowed extensions to trading hours except in cases identified by the system operator. ....
IEX: Too many moving parts make it a wait-and-watch - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The move is a step towards the government s intention to shift India s electricity trading from long-term (25 years) power purchase agreements (PPAs) to electricity markets (exchanges) and shorter PPAs of up to 12-15 years. It also means the government has revived its plan to introduce Market-Based Economic Dispatch (MBED) mechanism in India. ....
Energy News Monitor | Volume XVIII, Issue 1 orfonline.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orfonline.org Daily Mail and Mail on Sunday newspapers.
India likely to get third power exchange owned by PTC, BSE by year end SECTIONS Share Synopsis Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednesday. Agencies Related NSE NEW DELHI: Power regulator Central Electricity Regulatory Commission (CERC) has approved registration to PTC, BSE and ICICI Bank-led Pranurja Solution Ltd to start the country s third power exchange. Senior officials in the company said the exchange is likely to be operationalised by this year-end. The other two power exchanges are The commencement of operation of the power exchange is subject to approval of the bye-laws, rules, and business rules and the technology including trading software in accordance with various provisions of the Power Market Regulations (PMR) 2010. Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, accordin ....