Indian Energy Exchange (IEX) on Wednesday said it will launch trading in green term-ahead market (G-TAM) on Friday, as it has received power regulator CERC nod for the same.
“The Indian Energy Exchange is delighted to announce that it has received approval from the Central Electricity Regulatory Commission (CERC), vide order dated August 17, 2020, to launch the Green (renewable power) Term-Ahead Market (G-TAM) on its platform,” an IEX statement said.
The exchange has already conducted a mock trading session on August 18, which saw good participation from its members and partners. It plans to commence the trading from Friday, August 21, it added.
