IRPRI · Markets
102 Evolution of the Power Market
A comprehensive course on India’s power markets, covering transaction modes, bidding frameworks, trading mechanisms, market coupling, and and regulations of CERC and SERCs.
What you will be able to do
- By completing this course, participants will be able to:
- • Explain various power market transaction modes, including bilateral, banking, and group captive
- • Understand competitive bidding types, contract structures, and tariff methodologies
- • Analyze CERC and SERC orders related to market operations
- • Understand DAM, RTM, GTAM, and advanced instruments like futures and options
- • Apply the concept of market coupling and MBED in real-world scenarios
- • Participate effectively in power trading, scheduling, and dispatch activities
Full syllabus on request: write to info@ippai.org or apply below.

Other modules
- 101Introduction to the Indian Power Sector
- 103Open Access and its Mechanism
- 104Functioning of Electricity Grid & Renewable Energy Scheduling
- 201Renewable Energy: Tariff, Bidding, RPOs
- 202Deviation Settlement Mechanisms
- 203GNA and Open Access Mechanism
- 204Distribution System Planning
- 301Renewable Energy: Issues in Grid Integration
- 302Integration of Energy Storage System
- 303Resource Adequacy