India's power regulator CERC has proposed 'market coupling' to unify electricity prices across exchanges, moving away from the current decentralized system. This major structural reform, to be operated by Grid India, aims to enhance market efficiency and stability, directly impacting the economy's energy cost structure.
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- ›Draft Regulation Name: CERC (Power Market) (Second Amendment) Regulations, 2026
- ›Proposed MCO: Grid Controller of India (Grid India)
- ›Target this Data: Short-term power trade volume was 238.35 BU in 2024-25 (13.03% of total generation).
- ›Target this Nodal Body: Grid Controller of India (Grid India) is proposed as the Market Coupling Operator (MCO).
- ›Target this Legal Point: CERC (Power Market) (Second Amendment) Regulations, 2026.
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