India Launches Peer-to-Peer Electricity Trading Pilot

The government will launch a peer-to-peer (P2P) electricity trading pilot under the India Energy Stack, starting later this month during the IndiaAI Summit in select areas of Delhi and western Uttar Pradesh. REC Limited is developing the platform with three distribution companies to enable rooftop solar prosumers and consumers to trade surplus renewable power via digital apps and smart meters. Transactions will be settled and reflected as cumulative adjustments on regular bills.