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CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

The Commission asked IEX and PXIL to incorporate the provisions related to Green Day Ahead Contracts and submit the documents for approval within two weeks

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The Central Electricity Regulatory Commission (CERC), in a recent order, approved the introduction of the Green Day Ahead Contract (GDAC) at the Indian Energy Exchange (IEX) and the Power Exchange India (PXIL) in the Integrated Day Ahead Market (IDAM) in a restricted manner.

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