The Central Electricity Regulatory Commission (CERC) has taken a decisive step towards market coupling with an aim to harmonise price discovery across India’s power exchanges. By its Order dated July 23, 2025 in Petition No. 8/SM/2025, CERC directed Grid-India to implement a shadow pilot for coupling the Term Ahead Market (TAM) of power exchanges.
The article was authored by our Partner, Anupam Varma and, Principal Associate, Aditya Ajay.
Published in Energetica India.
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Anupam specializes in Dispute Resolution and is advises on Regulatory and Policy issues relating to the Energy sector.