On 1st September 2020, Shri R. K. Singh, the Minister of State (IC) Power and New & Renewable Energy & Minister of State (Skill Development and Entrepreneurship), launched pan-India Green Term Ahead Market (GTAM) in electricity as a first step towards Greening the Indian short term power Market, through video conference in New Delhi. While …
The Central Electricity Regulatory Commission (CERC) has given approval to the petition filed by Pranurja Solutions Ltd, to establish what will become India’s third power exchange after Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). Pranurja Solutions Limited proposes to offer a power trading exchange platform and had filed a petition with the …
CERC approves India’s third power exchange to Pranurja Solutions Read More »
Through an Order dated 17th August 2020, the Central Electricity Regulatory Commission (CERC) gave approval for the launch of the Indian Energy Exchange’s (IEX) Green Term-Ahead Market (GTAM). IEX had filed a petition with the CERC regarding the same in 2018. In its order, the CERC specified that as the GTAM was following all principles …
The Indian Energy Exchange (IEX) and the Power Exchange India Limited (PXIL) have started their real-time market (RTM) trading platforms for buying & selling electricity units on June 1, 2020. What is Real-Time Market (RTM) for Electricity Trading ? The real-time market (RTM) is a platform widely used across the world. In India, RTM is an endeavour by …
Real-Time Market (RTM) for Electricity launched in India Read More »
Renewable energy has steadily and quietly crossed a major landmark recently as it started competing directly with electricity generated by Thermal Power plants in the spot energy market, intensifying competition in the energy sector. ReNew Power has become the first renewable power company in India to compete with thermal (coal-based) plants in the spot market as …
Renewable Power competes with Thermal Power in Spot Energy Market Read More »
