Discoms Turn to Day-Ahead Market

15 Apr 2024 CW Team

The day-ahead market provides Discoms with a valuable tool to forecast their electricity requirements for the following day accurately. By participating in this market, utilities can secure power at competitive rates, enabling them to optimise their procurement strategies and reduce expenditure during high-demand periods. This proactive approach empowers Discoms to better manage their financial resources, ultimately benefiting consumers by potentially stabilising electricity tariffs.

Amidst rising concerns over energy affordability and sustainability, the adoption of day-ahead market mechanisms emerges as a promising solution for Discoms across the country. This strategic shift not only helps utilities navigate the challenges posed by seasonal fluctuations in electricity demand but also fosters greater efficiency and transparency in the power procurement process.

Furthermore, by leveraging advanced forecasting technologies and market analytics, Discoms can enhance their operational resilience and adaptability, ensuring reliable power supply even during peak load conditions. This proactive approach not only enhances grid stability but also strengthens the overall energy infrastructure, laying the foundation for a more resilient and sustainable power sector.

In summary, the increasing adoption of the day-ahead market by Discoms signifies a proactive response to the challenges of managing soaring summer power costs. By embracing innovative solutions and leveraging market dynamics, utilities aim to optimise their procurement strategies, enhance financial sustainability, and ensure reliable electricity supply for consumers across the nation.

As the scorching summer sun intensifies, electricity demand soars, placing immense pressure on distribution companies (Discoms) to meet the needs of consumers while managing costs effectively. In response to this challenge, many Discoms are increasingly turning to the day-ahead market, a strategic move aimed at mitigating the escalating expenses associated with power procurement during peak periods. The day-ahead market provides Discoms with a valuable tool to forecast their electricity requirements for the following day accurately. By participating in this market, utilities can secure power at competitive rates, enabling them to optimise their procurement strategies and reduce expenditure during high-demand periods. This proactive approach empowers Discoms to better manage their financial resources, ultimately benefiting consumers by potentially stabilising electricity tariffs. Amidst rising concerns over energy affordability and sustainability, the adoption of day-ahead market mechanisms emerges as a promising solution for Discoms across the country. This strategic shift not only helps utilities navigate the challenges posed by seasonal fluctuations in electricity demand but also fosters greater efficiency and transparency in the power procurement process. Furthermore, by leveraging advanced forecasting technologies and market analytics, Discoms can enhance their operational resilience and adaptability, ensuring reliable power supply even during peak load conditions. This proactive approach not only enhances grid stability but also strengthens the overall energy infrastructure, laying the foundation for a more resilient and sustainable power sector. In summary, the increasing adoption of the day-ahead market by Discoms signifies a proactive response to the challenges of managing soaring summer power costs. By embracing innovative solutions and leveraging market dynamics, utilities aim to optimise their procurement strategies, enhance financial sustainability, and ensure reliable electricity supply for consumers across the nation.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..