States » EastPosted at: Mar 25 2021 7:50PM

PXIL launches Green Term Ahead Market (GTAM)

Kolkata, Mar 25 (UNI) After attaining success and market leadership in the Term Ahead Market (TAM) segment, Power Exchange India Ltd (PXIL), India’s first institutionally promoted power exchange by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on March 24, 2021.
The development took place after receiving approval from the Hon’ble Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and its features, PXIL also conducted two virtual mock sessions attended by more than 20 members and clients representing utilities, OA Consumers, RE generators and traders. Vedanta SEZ and Himachal Pradesh SEB were amongst the first set of participants in this segment. Currently, PXIL holds above 60% market share on an average in the Term Ahead Market segment which is expected to increase with the launch of GTAM.

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PXIL launches Green Term Ahead Market (GTAM)

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