News: CERC has approved IEX the to Introduce long dated electricity contrasts which includes monthly, quarterly, half yearly and even yearly contracts. CERC has also allowed cost plus generators to sell on exchanges if not scheduled by 10am.
View: This came in as a positive for IEX as IEX was waiting for a long time to get the clearance from CERC, with the introduction on long contracts electricity can now be traded as other commodities and it will sure benefit IEX in terms of volume and liquidation will also increase.
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