The Central Electricity Regulatory Commission (CERC) late on Wednesday said it has decided to initiate the process for implementing power market coupling. To begin with, the implementation of the coupling of ‘day-ahead market’ (DAM) of the power exchanges is to be in a ’round-robin’ mode by January 2026.
This comes after months of deliberations with various stakeholders in the power sector. Market coupling helps achieve price convergence between different electricity markets, according to industry officials. Coupling means electricity prices in different regions become more aligned, reducing price disparities and creating a more consistent pricing structure.
“Based on the submissions made by Grid-India and various consultations held…the Commission has decided to initiate the process for implementing market coupling in a phased manner,” it said in an order.
