CERC to hear application for power exchange

New Delhi, Nov 18 (PTI) Power sector regulator CERC will look into Marquis Energy Exchange’s application seeking permission to start an electricity bourse, this month.
Notwithstanding the rising demand for electricity in the country, the domestic power trading segment is still at nascent stage.
Ahmedabad-based Marquis Energy Exchange Ltd (MEX) has sought permission from Central Electricity Regulatory Commission (CERC) to start operations.
According to the regulator, the hearing of MEX application is scheduled for November 27.

Source- PTI

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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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1 Response

  1. ankuranand says:

    I guess CERC should allow MEX to start operation and should try and launch new products like that of Nord pool.If it gets down with the same products the result could be a new PXIL.

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