The Pan-India Real Time Market (RTM) allows electricity trading closer to the actual delivery time and operates on India's power exchange platforms, but the auctions are held 48 times a day, not 50.
Recently, Pan-India Real Time Market in electricity was launched. Which of the following statements are correct about the market? 1. Real time market is an organized market platform enabling buyers and sellers to meet their energy requirement closer to real time operation. 2. The auctions will be held 50 times a day. 3. It became operational on two platforms Energy Exchange (IEX) and Power Exchange India Limited (PXIL). Select the correct answer using the code given below:
Asked in PPSC CS Prelims 2021 · Topic: Tertiary Sector (Infrastructure Services: Transport, Logistics, Communication and their role in economic development)
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