CEA notifies amendent to the procedure for approval and facilitating import/export (cross border) of electricity by the designated authority

The Central Electricity Authority (CEA) has notified amendment to the procedure for approval and facilitating import/export  (cross border) of electricity by the designated authority.

As per the amendment, any Indian power trader, on behalf of any entity of neighbouring country, may trade in Indian power exchanges (day ahead market (DAM)/real-time market (RTM)/both DAM and RTM segment), after obtaining approval from the designated authority, up to specified quantum (MW) and duration, provided, however that the entity on behalf of where the Indian power trader is trading belongs to the neighbouring country which has an agreement on cooperation in the power sector with India, and the generating asset from which power is being traded is also owned/controlled by the said country having agreement on power cooperation with India.

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