India’s interstate P2P electricity trading pilot tests regulatory readiness
India’s electricity sector is on the cusp of a carefully constructed experiment. The Ministry of Power’s proposal to pilot peer-to-peer (P2P) electricity trading under the India Energy Stack (IES) has drawn widespread attention, frequently compared to UPI’s transformation of digital payments and Aadhaar’s reimagining of identity infrastructure. The analogy is evocative. But for regulators and practitioners, the more important question is not whether P2P trading can work in theory, but whether India’s existing regulatory architecture…
