Indian Energy Exchange to launch High Price Day Ahead Market segment next month
Indian Energy Exchange has planned to launch the High Price Day Ahead Market segment by mid March, which will facilitate electricity generating firms to sell power at a price as high as Rs 50 per unit. Earlier this month, the Central Electricity Regulatory Commission (CERC) allowed three categories of power generators to participate in the HP-DAM market — gas-based generating stations using imported RLNG and naphtha, thermal plants using only imported coal, and Battery Energy Storage System (BESS) — on the petition of IEX (Indian Energy Exchange).
