The group constituted by Ministry of Power (MoP) for ‘Development of Electricity Market in India’ has proposed comprehensive solutions to address key issues. The solutions are aimed at creating an efficient, optimal, and reliable market framework to enable the energy transition and integration of renewable energy into the grid. The group has recommended a roadmap outlining the interventions for the near, medium, and long term. The interventions include setting up a mechanism to monitor whether adequacy of supply is being maintained by the state utilities, enhancing the efficacy of the day-ahead market, introducing a market-based mechanism for secondary reserves, and implementing 5-minutes based metering, scheduling, despatch, and settlement. The proposed changes also include demand response and aggregation, which could reduce reserve requirements and lower electricity costs. Further, a regional level balancing framework for deviation management will be implemented which would result in reduction in deviation penalties for the states at the interstate transmission system level and consequently lower the reserve requirements.