India's Central Electricity Regulatory Commission (CERC) is considering reducing transaction fees on power trading exchanges to potentially lower electricity prices. This move aligns with the upcoming implementation of market coupling, a reform aimed at improving efficiency and price convergence across exchanges. The regulator is examining the current fee structure, capped at 2 paise per unit, with suggestions for a fixed fee around 1.5 paise per unit. Market coupling, set to begin with the day-ahead market in January 2026, will aggregate bids to discover a single market-clearing price.