India's power regulator directs audit of power exchanges citing lapses
This comes days after the CERC on February 6 ordered for a shadow pilot on market coupling of India's power exchanges.
Source: moneycontrol.com
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For PTC India, inferior sales mix can undermine market coupling benefits
The short term electricity trade business is less profitable than medium term and long term contracts
Source: moneycontrol.com
IEX falls 5% as CERC asks Grid India to run shadow pilot on market coupling
Market coupling is a model where buying and selling of bids for all three power exchanges will be aggregated into a uniform market clearing price.
Source: moneycontrol.com
Market coupling fear returns: IEX stock slips 11%; top loser on BSE
IEX stock hit an intraday low of Rs 145.35, down 11.39% against the previous close of Rs 164.05 on BSE. Later, the stock closed 10.24% lower at Rs 147.25 on BSE.
Source: businesstoday.in
Electricity supply | 2024: Coal-fired generation capacity in focus for energy security, 24x7 electricity supply in India
In a reflection of ambitious plans, the Union power ministry has planned a whooping 91 GW of coal-based thermal power generation capacity entailing an investment of Rs 7.28 lakh crore over the next few years
Source: telegraphindia.com