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Power Exchanges in India UPSC NOTE

  •  At present India has three power exchanges — 
    • Indian Electricity Exchange (IEX), 

    • Power Exchange of India (PXIL) 

    • Hindustan Power Exchange (HPX).

  • Power exchanges provide a platform for market participants, including power generators, distribution companies, traders, and consumers, to buy and sell electricity through open and transparent trading mechanisms.

  • Power exchanges help in discovering market-based prices for electricity. 

  • The power ministry has asked the Central Electricity Regulatory Authority (CERC) to initiate the process of coupling multiple power exchanges, a mechanism which seeks to ensure uniformity in price discovery of energy at trading platforms.

  • Currently, buyers and sellers at each exchange trade electricity and discover spot price separately at these exchanges. 

  • After coupling of exchanges, the price discovery would be uniform.



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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Power Exchanges in India UPSC NOTE
Power Exchanges in India UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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