Power exchanges set to get nod from CERC for long-term contracts from May

With the onset of the summer, States facing shortage of power will get a much-needed relief from May, as Power Exchange India Ltd (PXIL) proposes to start week ahead, month ahead and quarter ahead contracts.
The move is important as it will now enable power deficient States to strategise the bridging of the demand-supply gap well in advance and on a regular basis, as well as help the power exchanges to sell their power for a longer term...Read More...

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