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The power sector is the backbone of economic development. It attracts substantial investments and serves as an indispensable public utility. Recent discussions revolving around market coupling in the power sector have raised concerns regarding its...
The report of the group on Development of Electricity Market in India 2023, which was headed by former secretary for power Alok Kumar, also stated that market coupling ensures bids and offers are combined to discover a single uniform market clearing price for a zone/bidding area
Nepal and Bhutan have traded 4.41 billion units of electricity in the Indian Energy Exchange (IEX) ever since India's Cross Border Electricity Trade (CBET) rules were notified in 2021.
The Government has taken several steps to increase the domestic production of Coal and reduce the import of coal. The focus of the Government is on increasing the domestic production of coal and to eliminate non-essential import of coal in the countr
The move is a step towards the government's intention to shift India's 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.