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NEW DELHI, July 4: Indian power exchanges may soon host buyers and sellers from neighbouring countries as India looks to operationalise cross-border sale and purchase of electricity for which regulations were finalised last year.
As per the plan, the country's largest power exchange, India Energy Exchange (IEX), will begin hosting buyers and sellers from countries such as Nepal, Bhutan and Bangladesh to participate in power trading with both buy and sell calls initially.
Such participation from overseas entities on Indian exchanges would not be direct but through any electricity trading licensee of India. Trading will be through bilateral agreement between two countries, bidding route or through mutual agreements between entities. � IANS
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