Amplus Solar trades on IEX’s green TAM

Amplus Solar had sold solar electricity in the open market on August 20, 2020, becoming the first solar firm to trade on the green term-ahead market (GTAM) platform by Indian Energy Exchange (IEX). .

The exchange had launched GTAM on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC) on August 17, 2020. The platform provides avenues to renewable energy generators for sale of power through which buyers can meet their renewable purchase obligations.