Timelines
TRADING TIMELINES
By 09:30 Initial Margin check by exchange before start of bidding session
10:00-11:00 Bid submissions for GDAM, DAM & HPDAM with option to transfer of uncleared RE bids from GDAM to DAM and any uncleared bids from DAM to HPDAM
By 11:15 Market clearing price and volume discovered by exchange for GDAM, DAM & HPDAM separately
By 11:30 Exchange submits combined corridor requirement file for DAM, GDAM & HPDAM to NLDC
By 12:15 NLDC confirms Transmission corridor availability
By 13:00 Exchange shall Publish the final result to Market and NLDC for GDAM, DAM and HPDAM.
By 14:00 The exchange shall publish Provisional obligations to the market participants
By 20:00 Hrs. of T+2 day ( T-Trade Day) The exchange shall publish the Final obligation on the basis of applicable charges received from NLDC.