The Central Electricity Regulatory Commission (CERC) has come up with revised regulations to encourage neighbouring countries to buy more power from India’s spot markets.
The development comes after the power ministry issued fresh guidelines for cross-border trade of electricity in December 2018, where it had removed certain restrictive riders and paved the way for electricity trading in the more attractive ‘day-ahead’ market.
Foreign outfits, however, will be required to participate in power exchanges only through Indian power trading entities.
