Q. Power Ministry has asked which institution to initiate the process of coupling multiple power exchanges?
Answer:
CERC
Notes: Union Power ministry has asked Central Electricity Regulatory Authority (CERC) to initiate the process of coupling multiple power exchanges.
The mechanism seeks to ensure uniformity in price discovery of energy at trading platforms. At present India has three power exchanges — Indian Electricity Exchange (IEX), Power Exchange of India (PXIL) and Hindustan Power Exchange (HPX).