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HomeResearchMarket Coupling: India’s Power Market Reset Begins
16 Jun 2025 · Article

Market Coupling: India’s Power Market Reset Begins

Market Coupling: India’s Power Market Reset Begins

India’s power trading market is set for a major transformation with the introduction of Market Coupling. Under this policy, all power exchanges like IEX, PXIL, and HPX will follow a Uniform Market Clearing Price, ensuring a single electricity price across the country. This levels the playing field—benefiting smaller exchanges like PXIL while challenging IEX’s price discovery advantage. What does this mean for the future of power trading in India? Watch to find out.