PK J\_rels/PK J\ docProps/PK J\ppt/PK J\ ppt/_rels/PK J\ ppt/charts/PK J\ppt/charts/_rels/PK J\ppt/embeddings/PK J\ ppt/media/PK J\ppt/slideLayouts/PK J\ppt/slideLayouts/_rels/PK J\ppt/slideMasters/PK J\ppt/slideMasters/_rels/PK J\ ppt/slides/PK J\ppt/slides/_rels/PK J\ ppt/theme/PK J\ppt/notesMasters/PK J\ppt/notesMasters/_rels/PK J\ppt/notesSlides/PK J\ppt/notesSlides/_rels/PK J\L9 [Content_Types].xml PK J\]] _rels/.rels PK J\tQQdocProps/app.xml 0 0 Microsoft Office PowerPoint On-screen Show (16:9) 0 1 1 0 0 false Fonts Used 2 Theme 1 Slide Titles 1 Arial Calibri Office Theme Slide 1 PptxGenJS false false false 16.0000 PK J\'docProps/core.xml PptxGenJS Presentation PptxGenJS Presentation PptxGenJS PptxGenJS 1 2026-07-29T09:21:13Z 2026-07-29T09:21:13Z PK J\'dggppt/_rels/presentation.xml.rels PK J\Oݨ ppt/theme/theme1.xmlPK J\|D_ ppt/presentation.xml PK J\Xppt/presProps.xml PK J\ppt/tableStyles.xml PK J\D >00ppt/viewProps.xml PK J\H7t!ppt/slideLayouts/slideLayout1.xml PK J\ђ77,ppt/slideLayouts/_rels/slideLayout1.xml.rels PK J\k??ppt/slides/slide1.xml SLIDE · MARKET STRUCTURE · CERCGrid India becomes the Market Coupling OperatorDraft CERC (Power Market) (Second Amendment) Regulations, 2026 — price discovery for DAM & RTM shifts from individual Power Exchanges to a single national Market Coupling Operator.STATUS: DRAFT — NOT YET IN FORCETODAYExchange-led price discoveryEach Power Exchange (IEX, PXIL, HPX) discovers its own clearing price independentlyRegulation 5(1)(a)(i): price discovery done by the Power ExchangesBid formats and processes can vary across exchangesUNDER THE AMENDMENTOne national Market Coupling OperatorGrid India designated as MCO (Reg. 38) — forms a dedicated cell to run Market CouplingExchanges collect bids in a uniform format and transmit them to the MCO (new Reg. 39A)One uniform market-clearing price, maximising total economic surplus (new Reg. 39B)Source: Draft CERC (Power Market) (Second Amendment) Regulations, 2026 · No. L-1/257/2020 (PMR-5)/CERC · dated 17 Apr 2026powerPPT.comPK J\3 ppt/slides/_rels/slide1.xml.rels PK J\`ppt/notesSlides/notesSlide1.xml This slide is fully editable — replace the powerPPT.com mark with your own logo, and adapt the wording to your organisation's context. Source: Draft CERC (Power Market) (Second Amendment) Regulations, 2026, No. L-1/257/2020 (PMR-5)/CERC, dated 17 April 2026. This is a DRAFT notification — the effective date for these provisions will be separately notified by the Commission.1PK J\:A*ppt/notesSlides/_rels/notesSlide1.xml.rels PK J\K !ppt/slideMasters/slideMaster1.xml PK J\N),ppt/slideMasters/_rels/slideMaster1.xml.rels PK J\6TT!ppt/notesMasters/notesMaster1.xml 7/23/19Click to edit Master text stylesSecond levelThird levelFourth levelFifth level‹#›PK J\s **,ppt/notesMasters/_rels/notesMaster1.xml.rels PK J\_rels/PK J\ $docProps/PK J\Kppt/PK J\ mppt/_rels/PK J\ ppt/charts/PK J\ppt/charts/_rels/PK J\ppt/embeddings/PK J\ ppt/media/PK J\Bppt/slideLayouts/PK J\qppt/slideLayouts/_rels/PK J\ppt/slideMasters/PK J\ppt/slideMasters/_rels/PK J\  ppt/slides/PK J\3ppt/slides/_rels/PK J\ bppt/theme/PK J\ppt/notesMasters/PK J\ppt/notesMasters/_rels/PK J\ppt/notesSlides/PK J\ppt/notesSlides/_rels/PK J\L9 P[Content_Types].xmlPK J\]] _rels/.relsPK J\tQQdocProps/app.xmlPK J\'%docProps/core.xmlPK J\'dggDppt/_rels/presentation.xml.relsPK J\Oݨ ppt/theme/theme1.xmlPK J\|D_ =ppt/presentation.xmlPK J\XJppt/presProps.xmlPK J\(Lppt/tableStyles.xmlPK J\D >00Mppt/viewProps.xmlPK J\H7t!nPppt/slideLayouts/slideLayout1.xmlPK J\ђ77,\Sppt/slideLayouts/_rels/slideLayout1.xml.relsPK J\k??Tppt/slides/slide1.xmlPK J\3 ppt/slides/_rels/slide1.xml.relsPK J\`ɖppt/notesSlides/notesSlide1.xmlPK J\:A*ppt/notesSlides/_rels/notesSlide1.xml.relsPK J\K !*ppt/slideMasters/slideMaster1.xmlPK J\N),ppt/slideMasters/_rels/slideMaster1.xml.relsPK J\6TT!ppt/notesMasters/notesMaster1.xmlPK J\s **,ppt/notesMasters/_rels/notesMaster1.xml.relsPK''8