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The Indian government is considering proposals to allow neighboring countries like Bhutan to participate in domestic electricity trading, including the largest spot electricity trading platform, the Energy Exchange of India (IEX).
The idea is to deepen the country's electricity buying and selling market
by increasing the volume of transactions.
India is considering allowing other countries to participate in domestic electricity trading
"One proposal is to allow electricity exporting countries such as Bhutan to participate in the transaction
.
We are therefore considering consultations
with the Ministry of Foreign Affairs.
Speaking at the 10th anniversary of the Indian Energy Exchange, Electricity Authority Ak Bhalla, Director General of the Indian Electricity Authority, said
.
Bhalla added that the government expects more suppliers to enter the system and an increase
in the number of consumers registered on exchanges.
"We should do more to deepen this market so that the share of electricity traded on exchanges as a percentage of total electricity rises from the current 4% to 6%
in a short period of time.
"
India generates about $120 billion in electricity annually, about 10% of which is traded
in short-term markets.
Transactions included 4.
7% for bilateral trade, 4% for day-ahead transactions and 1.
7%
for deviations from settlement mechanisms.
India imported 5.
6 billion electricity
from Bhutan last fiscal year.
Bhalla also said that power distribution companies should operate like corporate entities and be listed
on exchanges such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
，
The Indian government is considering proposals to allow neighboring countries like Bhutan to participate in domestic electricity trading, including the largest spot electricity trading platform, the Energy Exchange of India (IEX).
The idea is to deepen the country's electricity buying and selling market
by increasing the volume of transactions.
India is considering allowing other countries to participate in domestic electricity trading
India is considering allowing other countries to participate in domestic electricity trading"One proposal is to allow electricity exporting countries such as Bhutan to participate in the transaction
.
We are therefore considering consultations
with the Ministry of Foreign Affairs.
Speaking at the 10th anniversary of the Indian Energy Exchange, Electricity Authority Ak Bhalla, Director General of the Indian Electricity Authority, said
.
Bhalla added that the government expects more suppliers to enter the system and an increase
in the number of consumers registered on exchanges.
"We should do more to deepen this market so that the share of electricity traded on exchanges as a percentage of total electricity rises from the current 4% to 6%
in a short period of time.
"
India generates about $120 billion in electricity annually, about 10% of which is traded
in short-term markets.
Transactions included 4.
7% for bilateral trade, 4% for day-ahead transactions and 1.
7%
for deviations from settlement mechanisms.
India imported 5.
6 billion electricity
from Bhutan last fiscal year.
Bhalla also said that power distribution companies should operate like corporate entities and be listed
on exchanges such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
，
