Indian power regulator proposes uniform price discovery through pooling of bids

NEW DELHI: Indian power regulator has proposed uniform price discovery through pooling of bids across power exchanges for optimal utilisation of transmission system besides stringent rules for electricity markets, including keeping a check on transaction fee of bourses.

The industry, however, said stringent regulations and unnecessary interventions by regulatory commisson will impede deepening of electricity market in the country, which has just begun to evolve. It said regulator’s interventions pose questions on free-trade concept.

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