How electricity trading happens in India, and why a restructuring is on the cards
Indian Express·1h ago·Neutral
What Happened
India's electricity regulator issued draft regulations for market coupling, centralizing price discovery across power exchanges. The framework proposes Grid India as central operator to match bids from all exchanges, creating uniform market-clearing prices. Currently, three major exchanges set independent prices. Stakeholders can submit comments by May 16, 2026.
Key Entities
IndiaCentral Electricity Regulatory Commission (CERC)Grid IndiaPower exchangesMarket couplingDISCOMs