Central Electricity Regulatory Commission (CERC) will conduct hearing of petitions concerning trading of green energy on the real time market (RTM) segment of power exchanges, on October 9, 2025.
The hearing will include the petitions of Indian Energy Exchange Ltd (IEX), Power Exchange India Ltd (PXIL) and Hindustan Power Exchange (HPX).
IEX has filed a petition before CERC seeking approval for the introduction of Green Real Time Market (G-RTM) segment on the exchange.
Similarly, PXIL’s petition seeks approval for introducing Green RTM as well as High Price RTM (HP-RTM) contracts on the “PRATYAY” platform of the exchange.
Grid Controller of India Ltd (GRID-INDIA) that manages the National Load Dispatch Centre (NLDC) has already filed its response to the two aforementioned petitions.
The reason for CERC scheduling its hearing for a later date is to accommodate a similar petition by HPX.
CERC is of the view that the combined hearing of the three petitions will enable the commission to take a holistic view on the matter.
HPX is in the process of filing its petition seeking approval for Green RTM and HP-RTM, on the lines of PXIL. CERC has directed GRID-INDIA to file its response to the HPX petition within two weeks of its filing. HPX, in turn, is expected to file its reply to GRID-INDIA’s reply within a week thereafter.
As far as IEX is concerned, green energy trading currently takes place through the Green Day-Ahead Market (G-DAM) and the Green Term-Ahead Market (G-TAM).
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