Capacity Market and Capacity Credit Study

Descriptions

India's power sector plays a vital role in driving sustainable economic growth, supporting industrialisation, agriculture, services, and infrastructure development. The purpose of this RFQ is to identify a supplier to deliver activities that will contribute to the development of capacity markets and enhance resource adequacy in India's electricity market. The supplier will conduct studies to develop a phased roadmap for capacity markets tailored to India, explore international experiences in capacity market design, and address regulatory, financial, and operational challenges. Additionally, the supplier will evaluate the capacity credit of various generation resources and create frameworks for integrating capacity credit assessments into market-based mechanisms.