Section 12 in Central Electricity Regulatory Commission (Power Market) Regulations, 2010
12. OTC Markets.
- The following principles of transaction shall be observed:(i)OTC market shall provide customized solution to sector participants and endeavour to bring innovation in the market place.(ii)Contracts to be sold to client shall be based on the suitability, appropriateness and full material disclosure of contract pricing, its risks and implications to the parties entering into the contract.
