CERC

Suggested reforms aim to ensure power availability during system stress

REC subsidiary RECPDCL has invited bids to empanel agencies for verification and validation work under the Indian Carbon Market framework

IEX says proposed market coupling norms may not benefit consumers or deepen markets, as CERC designates Grid India to centrally manage price discovery

APTEL dismissed Indian Energy Exchange's plea to quash Central Electricity Regulatory Commission's (CERC) July 2025 direction to implement market coupling.

Power regulator Central Electricity Regulatory Commission is considering rationalising transaction fees on power trading exchanges, which aims to potentially lower electricity prices as the power sector gears up for market coupling. The development came as the power regulator moves ahead with market coupling, a reform expected to improve efficiency, deepen liquidity and promote price convergence across exchanges. The move could lead to a reduction in the overall cost of power for buyers over a period of time. Market coupling, approved by the Central Electricity Regulatory Commission in July this year after more than two years of deliberations, is proposed to be introduced in a phased manner, beginning with the day-ahead market (DAM) from January 2026. Under the mechanism, buy and sell bids across all power exchanges will be aggregated to discover a single market-clearing price, replacing the current system of multiple prices across platforms. An official said CERC has firmed up a

IEX stock outlook: The CERC is considering replacing the current ceiling-based transaction fee regime for power exchanges with a lower, fixed per-unit fee to improve transparency and predictability.

GST reduction from 12% to 5% on RE inputs qualifies as change in law; benefits must be passed through to buyers

The case underscores growing concerns over grid security as India accelerates renewable capacity additions to meet its 2030 clean energy targets

Unpredictable weather makes it difficult for green energy producers to meet scheduled supply, often causing surges or shortfalls that strain the grid's balance

The outcome could set a precedent for renewable energy developers facing transmission bottlenecks, as India accelerates its clean energy rollout

As unprecedented amount of RE flows in, grid managers devise ways to prevent supply disruptions

Earlier this month, CERC rejected the tariff discovered in the first-ever grid-scale BESS project awarded to JSW Energy by the Solar Energy Corporation of India (SECI)

SECI which is the renewable energy project tendering agency under the aegis of the Ministry of New and Renewable Energy awarded this project in 2022

Among companies, the Power Grid will see a minimal impact since most of its new assets are being built via competitive bidding

In a bid to meet the electricity requirements of Kerala, the state government on Wednesday decided to urge the Central Electricity Regulatory Commission to reinstate contracts in the power sector that it previously denied permission to. The decision was taken at a state cabinet meeting chaired by Chief Minister Pinarayi Vijayan. The state government said it would give this direction to the Central Electricity Regulatory Commission under Section 108 of the Electricity Act. State Power Minister K Krishnankutty said that the key regulator is legally bound to follow the direction of the state government. "If the direction is being given invoking Section 108 of the Electricity Act, then they are legally bound to accept the direction. We also have the provision for an appeal," Krishnankutty told PTI. In a statement, the CMO said the decision was taken considering public interest and to ensure that the state would not experience a power crisis. Meanwhile, the Kerala State Electricity Bo

The proposed coupling of the market is aimed at merging all the existing power market platforms and the contracts offered by them

The power ministry has asked Central Electricity Regulatory Authority (CERC) to initiate the process of coupling multiple power exchanges, a mechanism which 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). In the present scenario, buyers and sellers at each exchange do trading of electricity and discover spot price separately at these exchanges. After coupling of exchanges, the price discovery would be uniform. In a communique to the power regulator CERC, the ministry said, "Several stakeholders approached the Ministry of Power on the subject of market coupling in the context of multiple power exchanges. "The ministry of power has decided to go ahead with the process...CERC is requested to take suitable action, so that the process of consultation and the finalisation of the construct for its implementation i

Recent issue of a direction by the Ministry of Power to the Central Electricity Regulatory Commission does not augur well for either regulatory autonomy or for the longer-term development of sector

The catch is that it sharply whittles the role of the CERC and state-level regulators

The ministry has said it is issuing this as there have been several instances where it had to intervene to the CERC for change in regulations