102 – Evolution of the Power Market
English
Overview
A comprehensive course on India’s power markets, covering transaction modes, bidding frameworks, trading mechanisms, market coupling, and regulations of CERC and SERCs.
Learning outcomes
By completing this course, participants will be able to:
• Explain various power market transaction modes, including bilateral, banking, and group captive
• Understand competitive bidding types, contract structures, and tariff methodologies
• Analyze CERC and SERC orders related to market operations
• Understand DAM, RTM, GTAM, and advanced instruments like futures and options
• Apply the concept of market coupling and MBED in real-world scenarios
• Participate effectively in power trading, scheduling, and dispatch activities