Section 10 in Central Electricity Regulatory Commission (Power Market) Regulations, 2010
10.
A Power Exchange shall function with the following objectives -(i)Ensure fair, neutral, efficient and robust price discovery(ii)Provide extensive and quick price dissemination(iii)Design standardised contracts and work towards increasing liquidity in such contractsExplanation. - Liquidity is a measure of ease of entering or exiting into a transaction (generally large transaction) with minimal impact in the market price of the transacted contract.
