Deals24 Jul 2025, 06:02 pm
CERC's Suo-Moto Order Initiates Market Coupling in Power Exchanges' DAM by January 2026
AI Summary
The Central Electricity Regulatory Commission (CERC) has issued a Suo-Moto Order to implement market coupling in a phased manner, starting with the Day-Ahead Market (DAM) of power exchanges in a round-robin mode by January 2026. The order also directs exploring market coupling in other segments like the Real-Time Market (RTM) and Term-Ahead Market (TAM) through shadow pilots and regulatory consultations. This development is expected to bring a significant change in the market mechanism in DAM. The Indian Energy Exchange Ltd is currently assessing the implications of this regulatory change.
Key Highlights
- CERC's Suo-Moto Order for market coupling in power exchanges' DAM
- Implementation of coupling of DAM of power exchanges in a round-robin mode by January 2026
- Exploration of market coupling in other segments like RTM and TAM through shadow pilots and regulatory consultations
- Indian Energy Exchange Ltd undertaking a detailed impact assessment of the implications
- Grid-India being the fourth MCO for backup and audit purposes