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(k) "Day ahead contract" means contracts where transaction occurs on day (T) and delivery of power is on the next day (T + 1) and which are scheduled by Regional Load Despatch Centre or National Load Despatch Centre.
(o) "Intraday contract"/contingency contract" means contracts where transaction occurs on day (T) after the closure of day ahead transaction window and the delivery of power is on the same day (T) or next day (T + 1) and which are scheduled by Regional Load Despatch Centre or National Load Despatch Centre.