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Coupling reverses momentum of reforms

Power supply, Power grid
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The power ministry’s proposal to introduce power-market coupling has been taken a step forward with the industry regulator, the Central Electricity Regulatory Commission (CERC), issuing a staff paper and inviting comments from stakeholders. The broad suggestion outlined by the paper is to merge all existing power-trading platforms and the contracts they offer into a unified body called the Market Coupling Operator (MCO). Alternatively, the mechanism could be operated by a separate institution, such as state-owned Grid India, which operates India’s electricity grid. The overall attempt appears to be to enhance government control over power trading and distribution.

The ostensible intention

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First Published: Aug 23 2023 | 10:22 PM IST

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