Shantanu Guha Ray’s Post

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Asia Editor at Central European News, UK, Columnist at MoneyControl, NDTV, NDTV Profit, Author

Lobbyists are at work in the corridors of the power ministry, they have some interesting agenda. The government intends to dilute the market monopoly of the India Energy Exchange through the market coupling route. Incidentally, IEX and PXIL started their operations on June 27, 2008 and Oct. 22, 2008, respectively. By the time PXIL commenced its operations, IEX could hardly get any share in the market. Therefore, both of the exchanges had similar opportunities to grow. Despite that, it was IEX in the segment of collective transactions, attracted most of the stakeholders. PXIL and HPX are pushing hard for market coupling. IEX says the move would be totally disastrous. https://lnkd.in/d4h7nCUD

Does India Really Need Market Coupling In Power Exchanges

Does India Really Need Market Coupling In Power Exchanges

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