In a February 6 notice, CERC said that Grid India will develop the necessary software over the next two months to run a shadow pilot for market coupling of the three power exchanges - Indian Electricity Exchange (IEX), Power Exchange of India (PXIL) and Hindustan Power Exchange (HPX). After the pilot, the exchanges will share data and information with the CERC to decide on the benefits of coupling.
However, the CERC made it clear that results of the shadow pilot run shall not have any effect on the price and volume discovery in the actual real time market (RTM) and day ahead market (DAM) of the power exchanges. It also stated that the trial run will not impact the final schedule and settlement for any entity during the trial period.
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