Role of power exchanges in transforming energy markets and economy

India is taking giant strides to emerge as the strongest economy in the world and the power sector is playing a major role in this process. India is the third-largest producer and second-largest consumer of electricity worldwide. Country’s peak power demand surpassed the 200 GW mark and reached a record high of 210.8 GW. For India to take its rightful place in the world economy, making its electricity market more competitive and efficient is of utmost importance.