Power transmission lines and power grid (Photographer: Kerim Okten/Bloomberg)
India has proposed a nation-wide short-term power trading mechanism where supply from generators quoting the lowest pricing gets sold first, a system that could help producers struggling without long-term supply pacts.Asia's third-largest economy has an integrated power grid but lacks a uniform price of procurement, according to a draft paper floated by the Ministry of Power earlier this month. The proposed market-based economic disp...