Indian Energy Exchange (IEX) has planned to launch the High Price Day Ahead Market segment by mid March, which will facilitate electricity generating firms to sell power at a price as high as Rs 50 per unit.
Earlier this month, the Central Electricity Regulatory Commission (CERC) allowed three categories of power generators to participate in the HP-DAM market -- gas-based generating stations using imported RLNG and naphtha, thermal plants using only imported coal, and Battery Energy Storage System (BESS) -- on the petition of IEX. IEX has received approval from CERC to launch the High Price Day Ahead Market (HP-DAM) in the integrated day ahead market (I-DAM) segment.
IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and certificates including renewable energy certificates as well as the energy saving certificates.
| Company Name | CMP |
|---|---|
| NTPC | 402.25 |
| Tata Power | 430.15 |
| Adani Power | 214.25 |
| Power Grid Corp | 319.00 |
| Torrent Power | 1735.65 |
| View more.. | |
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