Core Functions

The main functions of MSPC shall, inter alia, include the following:

• The MSPC shall co-ordinate and shall facilitate the intra-state trading activities by optimal utilisation of resources.
• The MSPC shall review energy accounting and billing for inter-utility trading of power and ensure settlement of imbalances amongst State Pool Participants in accordance with the Balancing and Settlement Code Order.
• The MSPC shall represent the common interest of the State Pool Participants in the matters related to power purchase from CGS, inter-State/inter-regional resources and pertaining to issues related to WRLDC at the regional level.
• The MSPC shall monitor compliance of Balancing and Settlement Code by the State Pool Participants and resolve complaints/disputes amongst the State Pool Participants.

Key Activities

The key activities that MSPC shall undertake in order to discharge its functions shall include following:

• Facilitate settlement of imbalance pool transactions on weekly and FCR Pool on annual basis. Ensure implementation and operation of Balancing and Settlement Code as approved by the Commission. Monitor compliance of Balancing and Settlement Code by the State Pool Participants. Review the ‘Balancing and Settlement Code’ from time to time from operational perspective and propose amendments / modifications /alterations /deletions, for approval of the Commission, as may be necessary for effective and efficient market operations.
• Review and take on record the energy accounting data and inter-utility billing related information in pursuance to Balancing and Settlement Code on weekly basis.
• Monitor conduct of State Pool Participants and hearing of complaints of the State Pool Participants.

• Suggest modification, alteration, deletion, and/or replacement the conduct of business rules of the MSPC as may be deemed fit from time to time.
• Reconcile differences between the State Pool Participants.
• Provide platform to identify and resolve market participants concerns and to represent common interest of Distribution Licensees at regional level. Keep track of the commercial arrangements between the State Pool Participants.

• Approve applicants for admission to membership of imbalance pool in accordance with Balancing and Settlement Code.
• Receive notification of rule breaches from MSLDC and take disciplinary actions for any breach of rules and levy penal charges as per its conduct of business rules.
• Act as an agency for interaction with MSLDC, WRLDC/WRPC and CGS for all matter related to power purchase by the Distribution Licensees and Open Access consumers.
• Provide information to the State Pool Participants on the operation of market, including information on quantum of energy exchange, energy accounting etc. and any other information required to be conveyed to the State Pool Participants for effective and efficient operation of the market.