| |
TRADING
DAY |
| |
Time |
Action |
| 1) |
10AM-12 PM |
Participants submit Bid to
IEX for purchase /sale of electricity on next day. |
| 2) |
11:00 AM |
NLDC communicates to IEX the
list of interfaces/control areas/regional transmission system(s)
on which unconstrained flows are required |
| 3) |
1:00 PM |
IEX communicates to NLDC the
interchange on various interfaces/control areas/regional transmission
systems as intimated by NLDC |
| 4) |
2:00 PM |
In case of Congestion,NLDC
communicates to IEX the period of congestion & available
limit for scheduling on respective interfaces/control areas/transmission
system(s) |
| 5) |
3:00 PM |
IEX submits application for
scheduling of Collective Transaction |
| 6) |
4:00 PM |
NLDC sends the details(scheduling
request of Collective Transaction) to all the concerned RLDCs
|
| 7) |
5:30 PM |
NLDC /RLDCs shall confirm the
accepted schedule to IEX |
| 8) |
6:00 PM |
RLDC issues schedule |