pxil

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No Manual Bids, Follow Strict Trading Hours: CERC to Power Exchanges

The Central Electricity Regulatory Commission (CERC)  has ordered a comprehensive audit of all three power exchanges in the next six months and the elimination of manual...

February 23, 2024

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Satish Shetty

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Grid

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Market & Policy
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CERC to Run Market Coupling Shadow Pilot on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has authorized a shadow pilot on power systems and cost optimization through a market coupling of various segments...

February 20, 2024

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Satish Shetty

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Markets & Policy

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Renewable Energy
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CERC Allows Fortnightly Trading of Renewable Energy Certificates for Six Months

The Central Electricity Regulatory Commission (CERC) has directed the Grid Controller of India (Grid-India) to organize two Renewable Energy Certificate (REC) trading...

October 11, 2023

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Arjun Joshi

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Other

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Renewable Energy
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CERC Approves High Price Bilateral Market Segment on PXIL

The Central Electricity Regulatory Commission (CERC) recently approved Power Exchange India’s (PXIL) proposal to introduce high price bilateral market segment. The...

September 22, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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CERC Approves Introduction of Ancillary Services Segment on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the Tertiary Reserve Ancillary Services (TRAS) market segment on all three power...

May 5, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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Vedanta to Source 691 MW of Renewables Through Open Access

The Vedanta Group said it will source 600 MW of solar and 91 MW of hybrid renewable power through open access under the captive mode for its various operations across...

January 30, 2023

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Gautamee Hazarika

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C&I

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Open Access

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Renewable Energy
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CERC Allows Hydropower Contracts in Green Term-Ahead Market on HPX

The Central Electricity Regulatory Commission (CERC) has approved Hindustan Power Exchange’s (HPX) plea for the introduction of hydropower contracts in the Green...

January 3, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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PXIL to Start Trading Daily, Weekly and Monthly Contracts in Renewable Power

Power Exchange India Ltd (PXIL) has introduced the ‘daily, weekly and monthly contracts’ in its proprietary contract system ‘PRATYAY’ for conventional power transactions....

September 27, 2022

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Vijayalakshmi Sridhar

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Other

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Renewable Energy
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Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has granted time for one more year from August 15, 2022, for power exchanges to align their clearing and settlement...

August 16, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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Ministry Mulls Introducing High Price Day-Ahead Market in Power Exchanges

The Ministry of Power (MoP) has proposed the introduction of a high price market segment for the day ahead market (HPDAM). The stakeholders have time until August 21,...

August 4, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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CERC Approves Methodology for Price Discovery on Hindustan Power Exchange

The Central Electricity Regulatory Commission (CERC) recently directed the Hindustan Power Exchange to use the ‘Uniform Price Step Auction’ as a matching methodology for...

June 29, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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CERC Approves Introduction of Month-Ahead Contracts on Power Exchange India

The Central Electricity Regulatory Commission (CERC) recently approved Power Exchange India’s (PXIL) proposal to introduce delivery-based monthly contracts, which can be...

June 16, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

Bharat Heavy Electricals Limited (BHEL) has invited bids from traders to procure renewable energy certificates (RECs) from the National Load Despatch Center (NLDC) and...

June 2, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: SBI Partners with Tata Power to Finance Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: State Bank of India (SBI) launched a dedicated centralized processing cell –...

February 2, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Commission Sets ₹2.49/kWh as Average Power Purchase Costs for Himachal DISCOMs

The Himachal Pradesh Electricity Regulatory Commission (HPERC), in its recent order, has set ₹2.49 (~$0.033) as the average power purchase cost (APPC) for the financial...

January 27, 2022

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Harsh Shukla

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Other

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Renewable Energy

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