indian energy exchange

This follows IEX's plea against CERC's earlier proposed market coupling framework being dismissed. Market coupling aims to improve price discovery and efficiency by ensuring a uniform price across different electricity markets.

As per the draft release, power exchanges will continue to collect bids but will not determine prices post-coupling.

CERC has invited feedback from the public and various stakeholders by May 16, 2026. The draft also states that the detailed procedures on market coupling will be issued within the next six months.

As of February this year, the Appellate Tribunal for Electricity (APTEL) had dismissed the petition filed by IEX, seeking quashing of the CERC's directive on market coupling issued in July 2025, which triggered a massive erosion in its share price on that trading day. The APTEL had allowed the framework to proceed.
 

This follows IEX's plea against CERC's earlier proposed market coupling framework being dismissed. Market coupling aims to improve price discovery and efficiency by ensuring a uniform price across different electricity markets.

As per the draft release, power exchanges will continue to collect bids but will not determine prices post-coupling.

CERC has invited feedback from the public and various stakeholders by May 16, 2026. The draft also states that the detailed procedures on market coupling will be issued within the next six months.

As of February this year, the Appellate Tribunal for Electricity (APTEL) had dismissed the petition filed by IEX, seeking quashing of the CERC's directive on market coupling issued in July 2025, which triggered a massive erosion in its share price on that trading day. The APTEL had allowed the framework to proceed.