PXIL launches Green Term Ahead Market for renewable energy trading

Power Exchange of India Ltd (PXIL) has launched of Green Term Ahead Market (GTAM) which will have both solar and non-solar electricity segments.

GTAM is a new alternative model for trading in renewable energy following the CERC approval. This new mechanism has been introduced for selling off the power by the renewable developers in the open market without getting into long term PPAs.

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