IEX commences cross-border electricity trade for integrated South Asian market

The Indian Energy Exchange (IEX) has commenced cross-border electricity trade (CBET) on its platform. It is a first-of-its-kind initiative, which will allow the power exchange to expand its power market beyond India to the South Asia region and build an integrated South Asian regional power market. This follows the notification of CBET regulations by the Central Electricity Regulatory Commission in 2019 and the recent notification of the CBET Rules issued in March 2021 by the Central Electricity Authority.