Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end
The validity of the earlier order ends on September 30, 2022
September 29, 2022
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The Central Electricity Regulatory Commission (CERC) has ruled that the power exchanges should continue to allow members to quote a price in the range of ₹0/kWh to ₹12(~$0.15)/kWh in the Day-Ahead Market (including Green Day-Ahead Market), Real-Time Market, Day-Ahead Contingency, and Term-Ahead (including Green Term-Ahead Market) contracts from October 1, 2022, to December 31, 2022.