India’s two main power exchanges started real-time electricity trading Monday, a bid to allow buyers greater flexibility in balancing supply and demand.
Auctions will be conducted every 30 minutes and deliveries will be made within an hour of the session end, Indian Energy Exchange Ltd., the country’s largest power trading platform, said in a statement. Day-ahead transactions currently account for most of the trade on the exchange, known as IEX.
Power Exchange India Ltd., IEX’s smaller rival, also started real-time trading from Monday, it said in a separate statement.
