power markets

Regulatory Updates

APTEL hearing on CERC market coupling order records key statements
By January 7, 2026January 7, 2026

A hearing before the Appellate Tribunal for Electricity (APTEL) on January 6, regarding the Central Electricity Regulatory Commission’s (CERC) controversial power market order, saw important submissions from the tribunal and the regulator’s legal counsel. The CERC’s lawyer informed APTEL that the commission is prepared to take instructions from the tribunal on the possible withdrawal of its order dated July 23, 2025. The order relates to market coupling in power exchanges and had earlier led to…

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Regulatory Updates

CERC issues framework for virtual power purchase agreements
By December 24, 2025December 24, 2025

The Central Electricity Regulatory Commission (CERC) issued the Guidelines for Virtual Power Purchase Agreements (VPPAs) on 24 December 2025. The framework sets out how VPPAs can be used by designated consumers to meet Renewable Consumption Obligation (RCO) targets. The guidelines are anchored in India’s broader transition towards non-fossil fuel capacity, with a national target of 500 GW by 2030. To support this goal, the Central Government specified minimum non-fossil energy consumption shares for Designated Consumers…

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Finance | India | News

IEX records 17.7% rise in November power trade and IGX clears IPO move
By December 4, 2025December 4, 2025

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded 5,668 MU, which was a slight 0.3 per cent increase from a year earlier. The Real Time Market reached 4,233…

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