LUCKNOW, March 2 -- In a move seen as a significant step towards democratising the power market in India, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued an order clearing the decks for a pilot interstate peer-to-peer (P2P) renewable energy trading under the Energy Stack framework.

The commission's approval comes on a petition filed by Paschimanchal Vidyut Vitran Nigam Limited (PVVNL), one of the power distribution licensees in Uttar Pradesh, requesting UPERC's support in implementing a pilot project that would enable electricity consumers and rooftop solar prosumers to buy and sell electricity directly among themselves, including across state boundaries. A household, shop or institution with rooftop solar that use...