APTEL disposes IEX plea on CERC market coupling directions
The Appellate Tribunal for Electricity (APTEL) has disposed of an appeal filed by Indian Energy Exchange Limited (IEX) against the Central Electricity Regulatory Commission’s (CERC) July 2025 directions on implementing market coupling in the Day-Ahead Market (DAM) segment. The Tribunal held that IEX cannot be treated as a “person aggrieved” at this stage, as market coupling can be operationalised only after CERC frames separate regulations. The dispute arose from CERC’s suo motu order dated July…