InvestorQ : What is the real time market for power and how is it useful?
Archita Jajjoo made post

What is the real time market for power and how is it useful?

Answer
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3 months ago


Discoms the companies that distribute power are likely to save around Rs.550 crore even if there is a 50% transition in procurement of power to the new real time market RTM. This real time market for trading power RTM, was launched on June 1 to enable efficient price discovery in power trading. The RTM becomes all the more important as India shifts a bigger chunk of its power portfolio to renewable energy. The near to medium term savings for the discom could be to the tune of Rs.550 crore.