Hindustan Power Exchange Limited (HPX) has introduced hydropower contracts in green contingency contracts (green intra day and green day ahead contingency contracts) in addition to existing solar and non-solar contracts under the green term ahead market segment with effect from trade date January 11, 2023.
The new contracts are in line with the recently approved Central Electricity Regulatory Commission order dated December 30, 2022 against HPX petition titled “Introduction of Hydropower Contracts in Green Contingency and Green Term Ahead Contracts and additional Term Ahead Contracts and Green Term Ahead Contracts beyond T+11 days at HPX”.