Hindustan Power Exchange (HPX) on Thursday said it has got power regulator CERC’s approval to introduce high price electricity contracts in three key markets. The move comes as a part of Central Electricity Regulatory Commission’s (CERC) efforts to further enhance market dynamics, deepen the market, and provide more opportunities for members to manage their risk and optimize their energy portfolios.
“HPX has got approval from CERC for the introduction of high price contracts in three key markets: High Price Day Ahead Market (HP-DAM), High Price Term Ahead Market (HP-TAM), and High Price Contingency Contracts,” HPX said in a statement.
