The apex electricity sector regulator4 — the Central Electricity Regulatory Commission (CERC) — has issued a staff paper on the proposed power market coupling which would entail merger of all the existing power trading companies into one single marketplace for electricity trading. Following the directions of the ministry of power, CERC has initiated the regulatory process by issuing an initial staff paper and has invited stakeholders’ comments.
The proposed coupling of the market is aimed at merging all existing power market platforms and the contracts offered by them.