Description

Real Time Market (RTM) segment provides platform for trading of Real Time Contracts for consecutive two-time blocks i.e., Market will be available for every alternate time block for power delivery with power to be delivered after 4-time blocks or an hour after gate closure of the auction. The matching will be through double-sided closed auction process with uniform price discovery. Congestion on transmission network will be managed through market splitting.

The operations are carried out in accordance with the “Procedure for scheduling of Collective Transactions through Real Time Market” issued by Power System Operation Corporation Ltd (POSOCO), CERC Power Market Regulations, 2010; CERC Open Access in inter-State Transmission Regulations, 2008; CERC Indian Electricity Grid Code Regulations, 2010 as amended from time to time and the Bye-Laws, Rules and Business Rules of the Exchange.