Power Sector Update - One Nation, One Grid And Towards One Price: ICICI Securities
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ICICI Securities Report
Ministry of Power has recently released a discussion paper on the implementation of Market-Based Economic Dispatch.
The paper argues for redesigning of day ahead scheduling of electricity markets in the country on a market based/integrated approach in order to realise the ‘One Nation, One Grid, One Frequency, One Price’ framework.
It also proposes the implementation of MBED phase-I starting with the entire fleet of NTPC Ltd.’s thermal stations from April 1, 2022.
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