Which category of power has a proposal to launch a spot market segment been approved by CERC?
Expensive power
2023 February
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3.25/5 |
A proposal to establish a distinct spot market segment for "expensive" power has been approved by India's power regulator, as per an order issued to the Indian Energy Exchange (IEX). The nation's biggest spot power market has received approval from the Central Electricity Regulatory Commission (CERC) to use battery storage in addition to more expensive imported coal and gas sources to generate electricity.