Low Cost Journal,International Peer Reviewed and Refereed Journals,Fast Paper Publication approved journal IJEDR(ISSN 2321-9939)
apply for ugc care approved journal, UGC Approved Journal, ugc approved journal, ugc approved list of journal, ugc care journal, care journal, UGC-CARE list, New UGC-CARE Reference List, UGC CARE Journals, ugc care list of journal, ugc care list 2020, ugc care approved journal, ugc care list 2020, new ugc approved journal in 2020,
Low cost research journal, Online international research journal, Peer-reviewed, and Refereed Journals, scholarly journals, impact factor 7.37 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool)
Role and Responsibilities of Power Exchange in Electricity Markets
Sumit Saroha,  V.S. Gupta,  Vineet Shekher
After the Electricity Act 2003 this sector reforms have enabled a transition from a vertically integrated private or public monopoly market structure to competitive market and the places like power exchange is created for electricity trading. This short-term trading shall be organized on equitable and efficient platform, Power exchanges. The electricity energy is crucial for the growth of any country, especially for the growth of under developing country like India. Under the boundary condition of Central Electricity Regulatory Commission (CERC) there is a regulatory change that leads to create of Indian Energy Exchange (IEX) & Power Exchange of India Ltd. (PXIL), a vibrant, transparent market on which buyers and sellers can trade electricity contracts and meet the diverse needs of their consumers nationwide. So this paper presents salient features of PXIL by considering all the issues and regulatory mechanism related to power exchange.
Keywords- Power Exchange, Electricity Market, Power Trading
Unique Identification Number - IJEDR1601008Page Number(s) - 53-57Pubished in - Volume 4 | Issue 1 | January 2016DOI (Digital Object Identifier) -    Publisher - IJEDR (ISSN - 2321-9939)
Cite this Article
Sumit Saroha,  V.S. Gupta,  Vineet Shekher,   "Role and Responsibilities of Power Exchange in Electricity Markets"
, International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.4, Issue 1, pp.53-57, January 2016, Available at :http://www.ijedr.org/papers/IJEDR1601008.pdf