CERC (Power Market) (Second Amendment) Regulations, 2026 — draft on market coupling
Comments due: 5 June 2026
CERC proposed a framework to couple price discovery across power exchanges, with Grid-India as the Market Coupling Operator. Final regulations were still awaited at the Supreme Court hearing of 27 July 2026.
Why it matters. Changes how prices are set on India's exchanges and who runs the matching.
What changes
- Framework to couple price discovery across power exchanges into a single clearing.
- Grid-India proposed as the Market Coupling Operator.
- Comment deadline extended from 16 May to 5 June 2026 at stakeholders' request.
Who is affected
Power exchanges · Grid-India · Traders · Discoms · Generators
Sources
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