Indian Energy Exchange (IEX)

Thanks for bringing clarity Amey.

But my doubt is, suppose,
Exchange A has a bid for price “x”,
Exchange B has a bid for price “y”,
Exchange C has a bid for price “z”,

Now, suppose x<y<z. So, the discovered price is “x”. And since it was discovered on exchange A, wouldn’t the bid get executed on A, seamlessly and automatically?

Also, another question. Can the same seller and buyer quote and bid for different prices on different exchanges? For example, can it happen that a seller “S” bids for selling power for x on A, y on B and z on C?

Regards,
Kapil