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MC Explains: What is market coupling and why does the govt want it?

Market coupling is a must to bring a Market-Based Economic Dispatch (MBED) mechanism in India, which in turn will help in the reduction of power tariffs as it will increase flexibility and liquidity in the trade of electricity in the country.
India General Hindustan Power Exchange Limited Power Exchange India Limited Indian Energy Exchange Central Electricity Regulatory Commission Market Based Economic Dispatch

One Nation, One Grid, One Price | India set to introduce market coupling in electricity trade

The move is a step towards the governments intention to shift Indias electricity trading from long-term (25 years) power purchase agreements (PPAs) to electricity markets (exchanges) and shorter PPAs of up to 12-15 years. It also means the government has revived its plan to introduce Market-Based Economic Dispatch (MBED) mechanism in India.
India General Prabhajit Sarkar Ministry Of Power Indian Energy Exchange Limited Central Electricity Regulatory Commission Hindustan Power Exchange Limited

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