High Price Day Ahead Market
What is High Price Day Ahead Market ?
High Price Day Ahead Market which is part if Integrated Day Ahead Market allows market participants to buy and sell electricity for the next day. The prices and quantum of electricity to be traded are determined through a double-sided closed auction bidding process just like DAM and GDAM.
Market Participants
Market Participants All eligible Buyers and Sellers with high price generation only (as confirmed by respective SLDC/RLDC through NOAR).
Bidding Methodology
Bidding Methodology Matching methodology is based on double-sided anonymous closed bidding auction powered by MILP engine.
Congestion management
Congestion management through market splitting and determination of ACP. Separate price formation for congested bid area and rest of India.
Risk management
Risk management through the requisite margin, including any additional margin as specified for the respective trading segment or the type of contract.
Process Flow and Timeline
CONTACT INFO
Corporate Office
Address,Plot No. C-001/A/1, 9th Floor, Max Towers,,Sec - 16B,Noida, Gautam Buddha Nagar,Uttar Pradesh,201301
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