Green Day Ahead Market

After the successful launch of Green Term-Ahead Market (GTAM) in August 2020, the government, on 25th October, 2021, launched the Green Day Ahead Market (GDAM) in a move towards mainstreaming of green energy as the country eyes a record 450 GW (gigawatts) of renewable energy capacity by 2030.

  • India is the only large electricity market in the world to implement a Green Day Ahead Market (GDAM) exclusively for renewable energy.

Need

  • Energy transition is happening across the world and India is also committed to energy transition from fossil fuel to non-fossil fuel.
  • Accordingly, the dynamics of the power market is changing. ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Economy Watch