Transforming India’s Electricity Markets

This report examines the proposed Market-Based Economic Dispatch (MBED) mechanism in India, intended to optimize day-ahead scheduling of power generators to alleviate financial distress in the distribution sector and support the integration of renewable energy.

• India aims to derive 50 percent of its power generation capacity from non-fossil fuel-based sources by 2030, a goal that, combined with high electricity demand growth, requires a paradigm shift in the electricity market.
• The Ministry of Power has proposed the Market-Based Economic Dispatch (MBED) mechanism to optimize day-ahead scheduling for generators, addressing the economic strain on distribution companies caused by suboptimal scheduling and dispatch.

APA

RMI (2023). Transforming India’s Electricity Markets. https://rmi.org/resources/transforming-indias-electricity-markets/

Chicago

RMI. Transforming India’s Electricity Markets. 2023. https://rmi.org/resources/transforming-indias-electricity-markets/.

Wikipedia

{{cite report |author=RMI |title=Transforming India’s Electricity Markets |date=15 February 2023 |url=https://rmi.org/resources/transforming-indias-electricity-markets/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2023transforming, author = {{RMI}}, title = {{Transforming India’s Electricity Markets}}, institution = {RMI}, year = {2023}, month = feb, url = {https://rmi.org/resources/transforming-indias-electricity-markets/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }