If you read what IEX CMD said yesterday and what @Sajal_Singh shared above, it is evident that the simulation exercise carried out by CERC since last August did not give any desired results which can encourage them to implement coupling. They will continue to simulate more data for next 6 months or so to formulate their view on what to do going forward as far as coupling is concerned. However, we must keep one thing in mind is Power is a regulated sector and the govt agencies are not bound to follow what you me and other stakeholders think (more than 70% of respondents to their draft paper commented against coupling). Till the final decision is made IEX will remain in a tight grip irrespective of its business performance.
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