“Future development in power sector is dependent on increasing the scope of market-based electricity transaction in the country, in this regard Market Coupling can help create a more integrated and efficient Indian electricity market which support the growth of multiple power exchanges by increasing market liquidity, enhances competition and allows optimal utilization of transmission capacity, enabling power exchange platform to enlarge their Market Infrastructure Institution (MII) role in electricity space.”
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[Anil V Kale, AVP, Strategy & Regulatory, Power Exchange India Ltd (PXIL) expressed this view in context of the letter sent by Union power ministry to Central Electricity Regulatory Commission (CERC) on June 2, 2023, regarding initiating the process of market coupling across country’s power exchanges. The above quote has been extracted from a detailed note on the subject. The full article in PDF format may be downloaded here.]