PXIL launches Green Term Ahead Market

27 Mar 2021 CW Staff

The Green Term Ahead Market contracts to allow the RE generators the flexibility to map their generation profile and at the same time purchasers have an avenue to meet their Renewable Purchase Obligations (RPO) requirements. GTAM platform plans to lead to an increase in the number of participants in the renewable energy sector and benefit buyers of RE through competitive prices and transparent and flexible procurement. It will also benefit RE sellers by providing access to the pan- India market.

PXIL aims to offer trade in two types of green term-ahead contracts, intra-day contracts and any-day contracts in both solar and non-solar segments. Intraday contracts are structured as a static contract (pre-defined delivery slots to place bids) and anyday contracts are structured as dynamic contracts (user selected slots for delivery during the day as well the days of delivery). The combination of the contracts covers the delivery period starting from a few hours upto 11 days from the trade.

To familiarise the market participants about the product and its features, PXIL conducted two virtual mock sessions attended by more than 20 members and clients representing utilities, OA Consumers, RE generators and traders. Vedanta SEZ and Himachal Pradesh SEB were amongst the first set of participants in this segment. Currently, PXIL holds above 60% market share on an average in the Term Ahead Market segment which is expected to increase with the launch of GTAM.

PXIL’s electronic transaction platform facilitates the trading of electricity at a national level.

Written from a news release.

Image source

Power Exchange India Ltd (PXIL) has launched the Green-Term Ahead Market (GTAM) on its transaction platform. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC). The Green Term Ahead Market contracts to allow the RE generators the flexibility to map their generation profile and at the same time purchasers have an avenue to meet their Renewable Purchase Obligations (RPO) requirements. GTAM platform plans to lead to an increase in the number of participants in the renewable energy sector and benefit buyers of RE through competitive prices and transparent and flexible procurement. It will also benefit RE sellers by providing access to the pan- India market. PXIL aims to offer trade in two types of green term-ahead contracts, intra-day contracts and any-day contracts in both solar and non-solar segments. Intraday contracts are structured as a static contract (pre-defined delivery slots to place bids) and anyday contracts are structured as dynamic contracts (user selected slots for delivery during the day as well the days of delivery). The combination of the contracts covers the delivery period starting from a few hours upto 11 days from the trade. To familiarise the market participants about the product and its features, PXIL conducted two virtual mock sessions attended by more than 20 members and clients representing utilities, OA Consumers, RE generators and traders. Vedanta SEZ and Himachal Pradesh SEB were amongst the first set of participants in this segment. Currently, PXIL holds above 60% market share on an average in the Term Ahead Market segment which is expected to increase with the launch of GTAM. PXIL’s electronic transaction platform facilitates the trading of electricity at a national level. Written from a news release. Image source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..