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SC rejects IEX plea against CERC market coupling order
The Supreme Court dismissed the Indian Energy Exchange's appeal against the CERC's market coupling order. Justices refused to interfere with the Appellate Tribunal for Electricity's previous ruling on the matter. The court kept legal questions open for future consideration as norms are still in draft. CERC plans to introduce power market norms, including market coupling, within six weeks.
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economictimes.indiatimes.com
Timeline cronologica
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IEX shares fall 4% after Supreme Court denies hearing market coupling case
Indian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing regulations on market coupling, while…
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SC rejects IEX plea against CERC market coupling order
The Supreme Court dismissed the Indian Energy Exchange's appeal against the CERC's market coupling order. Justices refused to interfere with the Appellate Tribunal for…