The Central Electricity Regulatory Commission (CERC) has directed the power exchanges to hold a comprehensive review of operations at power exchanges to ascertain that they comply with the CERC (Power Market) Regulations, 2021.
As per the order, there shall be no manual entry of bids by the power exchanges on behalf of their members within or after the trading hours. No bids shall be accepted by the power exchanges after the trading hours for any reason whatsoever. The power exchanges shall build a robust system with end-to-end encryption of data from the trading workstation of the respective member/clients and the trading platform of the power exchange to ensure that the entire trail of the bidding session starting from bid submission till the end of bidding session is encrypted.
