Evolving Power Market in India

As India's power market evolves, understanding procurement practices, short-term forecasting, risk management, and investment decisions for new generation and transmission capacity is crucial. This course is designed to equip participants with the necessary knowledge and skills to effectively participate in power markets, while also fostering thought leadership for future market development.

Objective

The Electricity Act of 2003, along with CERC Regulations and the establishment of Power Exchanges, has unlocked significant avenues for competitive power procurement and price discovery. As India's power market evolves, understanding procurement practices, short-term forecasting, risk management, and investment decisions for new generation and transmission capacity is crucial. This course is designed to equip participants with the necessary knowledge and skills to effectively participate in power markets, while also fostering thought leadership for future market development.
India’s power market is transitioning towards greater efficiency, sustainability, and renewable energy integration, presenting an exciting landscape full of growth potential

Contents

  •  Regulatory & Policy Innovation: While evolving government policies and grid connectivity requirements are continuously shaping the market, this dynamic environment offers an avenue for investors to adapt and thrive. By embracing renewable energy certificates (RECs) and carbon credits, we can foster a robust, sustainable energy trading system that promotes long-term growth and development.
  • Renewable Energy Trading: Although the market is still maturing, the increasing capacity of renewable energy offers a strong foundation for developing sophisticated trading systems. As the market for solar, wind, and storage technologies evolves, there is significant potential for innovation and growth, creating more stable and advanced mechanisms for clean energy trading.
  • Trends in Market Liquidity & Pricing Stability: With the participation of small and medium players encouraged, the potential for improved market liquidity and more stable pricing increases. This enhances opportunities for risk management and encourages wider participation, especially in response to seasonal demand variations.
  • Carbon Trading System Development: India's emerging carbon trading system presents an exciting avenue for industries to participate in global sustainability efforts. As the system matures and standardized carbon pricing mechanisms are developed, it will encourage broader participation and enable the transition towards cleaner energy sources.
  • Global Trends & Local Innovation: While international price fluctuations and geopolitical factors may pose challenges, they also offer a platform to innovate and build resilient domestic strategies. By harnessing international trends, India can strengthen its energy security and stability.
  • Market Efficiency initiatives: with the development of power exchanges towards enhancing overall market efficiency by streamlining processes and improving coordination, India’s power market is set to become more dynamic and investor-friendly.
  • Cybersecurity & Technological Advancement: As digital platforms, AI, and blockchain technologies continue to shape the future of power trading, the focus on cybersecurity and data privacy presents an emerging trend to develop cutting-edge security solutions that enhance the trust and integrity of the entire market system.Program Modules for Coverage


Emerging Power Market in India
1. Power Exchanges – its role in future investment in Power Sector.
2. Evaluation of current Power Market design
3. Long term PPAs and its relevance in the Power Market
4. Merchant Renewable plants and its bankability
5. Virtual Power Plants and its role as risk mitigation of Market


Market platforms and mew products
1. Market Coupling and Contract for Difference
2. Virtual Power Purchase Agreements
3. Financial Derivatives
4. The Way Ahead: Indian Electricity Market 2030


Emerging Carbon Credit Market in India
1. Carbon Credit Schemes
2. Carbon Pricing
3. Carbon Trading Exchange Competitive Grid Services Market

Frequency Response Ancillary Services
1. IEGC Regulations 2023
2. Resource Adequacy Planning Framework for India
3. Demand Responses
4. Green Open Access


Cross Border Trading towards Realisation of One Sun One World One Grid
1. Challenges and limitation in current CBET Regulation
2. Cross Border Trading Practices

Who should attend?

The Programme has been designed for Senior Executives from industrial Consumers of Electricity, Senior officers of CPSUs like NHPC, NTPC, Powergrid, SJVNL, SECI, IREDA, Senior officer of CPSUs under Ministry of Power, SEBs / State Governments Power utilities, Ministry of New and Renewable Energy (MNRE), Commercial and Operational mid-level professionals in electricity industry both Conventional and RE, Academicians and Researchers, Distribution Companies, officers/Engineers of Central and State Utilities, Officers of Regulatory Bodies and System Operators, Managers / Officers from Power Traders / Exchanges, Power Market Consultants / Power Trading Organizations, Public and Private Power Generating Companies (CPP, IPP, etc.), .

Venue & Duration

The programme is scheduled during April 21-23, 2025 on a residential basis at MDI Campus, Mehrauli Road, Sukhrali, Gurugram. Accommodation for participants would be available at MDI Campus from the noon of April 20, 2025, to the forenoon of April 24, 2025.

Registration & Fees

Participants should be nominated by their organizations. The enclosed nomination form should be completed and returned with all the details. The fee of the program is Rs. 42,500/- (Rupees Forty Two Thousand Five Hundred only) per participant which includes a professional fee and all charges for boarding, lodging and supply of course materials during the programme. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by Cheque/NEFT/RTGS.

Discount Policy
With a view to our long-term relationship with your esteemed organization, we are pleased to introduce the discount policy in this programme. The discount will be observed in the following conditions: (discount is applicable in NEPAL also)
• 10% Discount against 3-5 nominations
• 20% Discount against more than 5 nominations

Important Dates

The last date for receipt of nominations is April 07, 2025. The last date for withdrawal of nominations is April 08, 2025. Any withdrawal received after this date will be subject to deduction as per the Institute’s rules. However, substitution may be permitted.
Nominating organizations are advised to await confirmation of acceptance of nominations(s) before sending the participants to the programme venue.

For enquiry, please contact at [email protected] or +91-124-4560008.