CERC gets go-ahead to frame norms on power market coupling
CERC gets go-ahead to frame norms on power market coupling is drawing significant interest across the industry.
The Appellate Tribunal for Electricity has allowed the Central Electricity Regulatory Commission to proceed with framing regulations for power market coupling, dismissing a plea by the Indian Energy Exchange (IEX). The tribunal deemed IEX's petition premature as regulations are yet to be drafted. Market coupling aims to improve price discovery and efficiency by establishing a uniform price across electricity markets.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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