Electricity Trading

CERC approves India’s third power exchange to Pranurja Solutions

Pranurja - India's Third Power Exchange

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 …

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Real-Time Market (RTM) for Electricity launched in India

Real Time Market for electricity trading in India

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 …

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Renewable Power competes with Thermal Power in Spot Energy Market

India Solar Energy 2019 Capacity (1)

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 …

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