Course Objective :
The Electricity Act 2003, subsequent CERC Regulations and setting up of Power Exchanges has brought a whole new set of opportunities for power procurement and price discovery in the most competitive manner. The Indian power market is in transition and there is a need to understand the power procurement practices, short-term forecasting, risk management and decision making for investing in new generation and transmission capacity. IEX and IITK have designed the course contents to provide knowledge and skills necessary for successful participation in power markets and also provide a thought leadership towards market development in future.

Who should attend :
The three-day intensive course is suitable for power sector stakeholders including Generation companies, Distribution utilities, Licensed Traders, Members and Clients of Power Exchanges, Staff of Central and State Electricity Regulatory Commissions, System Operators, Open Access Consumers (existing as well as potential), Developers planning investment in generation and transmission, Banks and Financial Institutions, Consultants as well as Academicians.

Our Value Proposition :
The course is aimed at providing firm foundation to market economics and operations, demand and supply issues as well as key regulations and procedures governing market operations. Participants will have an opportunity to learn general principles of Economics of Power Markets, Power Procurement Planning, Demand Forecasting, Scheduling, Renewable Energy Certificates and Deviation Settlement Mechanism. Apart from this, the participants will also have hands on exposure to the best trading platform in India.

The pedagogy of the course aims to synergize theory and practice. The course contents, to be taught by power sector experts and academicians, are supported by insights based on IEX's years of successful energy trading experience and thought leadership from IITK. IEX and IITK plan to adopt interactive methodology for this program to ensure knowledge advancement and intellectual progression for the participants.