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MPL will offer , on a daily basis, a double sided closed auction for delivery on the next day. (DAM)
Price discovery will be on the basis of demand and supply curves. The
intersection point of the two curves will provide us with Market
Clearing Price (MCP) and Market Clearing Volume (MCV) corresponding to
Price and Quantity of the intersection point.
MPL will bid on your behalf in IEX who in turn will forward the
successful bids to NLDC/ RLDC & SLDC who will schedule the power
distribution in an appropriate manner. |
