CERC releases draft guidelines for registration and filing application for establishing and operating OTC platform

The CERC has notified draft guidelines for registration and filing of application for establishing and operating an over-the-counter (OTC) platform as per the Power Market Regulations, 2021. The guidelines seek to describe the eligibility criteria, procedure for filing application and grant of registration for establishing and operating the OTC platform as well as the operational and risk management framework and submission of information by the OTC platform. The OTC platform will provide an electronic platform, with the information of potential buyers and sellers of electricity; maintain a repository of data related to buyers and sellers and provide historical data to market participants; and provide services such as advanced data analysis tools to market participants.

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