Shri R K Singh, Union Minister of Power & New and Renewable Energy launched the new market segment, Green Day Ahead Market (GDAM).
Under this, any interested party can set up renewable energy capacity and sell it to Discoms / industries that sell renewable energy. Advantages of free ISTS will be available and Open access will be granted within 15 days. Large industries can go green. Our efforts have been to make doing the business simpler and GDAM is a step in this direction.
Open access will be granted within 15 days and large industries can go green. It will help in enabling this energy transition and will deepen the green market and will provide competitive price signals and trade in green energy.