EMA Solutions — Power Market Analytics, Dispatch Optimisation & Trade Automation

What we cover

Five layers of the power sector. One analytics spine.

Most providers do one slice. EMA links them — because a bid price is meaningless without the outage behind it, the corridor in front of it, and the demand it has to serve.

Markets

Every spot and term segment, priced and probability-weighted.

DAM · RTM · GDAM · HP-DAM · TAM
Auction-simulation + AI/ML price forecasting, 96 blocks
Month-ahead price forecasts for hedging
EMA© Forward Price Curve for bilateral
Electricity futures & hedge analytics

Generation

Plant-level economics, availability and merit order — not fleet averages.

Plant-wise generation & PLF
Outage status with revival dates
MoD stack & weighted supply cost
Coal stock & reservoir energy content
Generator portfolio dispatch & offer strategy

Transmission

Where the trade actually clears — or doesn't.

Corridor-wise TTC / ATC and flows
Inter-regional exchange & congestion
STOA / GNA availability
Loss factors at 15-min resolution

Distribution

The DISCOM's whole commercial position, block by block.

Least-cost dispatch & scheduling
Automated DAM / RTM bidding
Energy accounting & DSM exposure
Portfolio MIS and management reporting

Clean Energy

Variability turned into a schedulable, bankable position.

Solar & wind forecasting — ~2,000 MW live
Curtailment and RE-share analytics
BESS & pumped-storage optimisation
Co-located hybrid portfolios — shaping & firming
RPO, REC, FDRE and green H₂ modelling

Our platforms

Software built by market practitioners, not by observers.

Every line of P-STAT and P-OPT was written in-house. The people specifying the logic have run exchange operations, dispatch desks and derivatives books themselves.

Flagship platform · SaaS

P‑STAT^™

India's largest power market data & analytics platform — curated for trading and planning

A first-of-its-kind decision support system covering the entire breadth and depth of the Indian power market — linking demand, supply, fuel, generation and transmission to market price dynamics.

Interactive, customisable analytics with cross-filtering, drill-down and time- and segment-based slicers. 80 million+ curated data points at 15-minute granularity, refreshed to the rhythm of market operations.

The only platform carrying the EMA© Forward Price Curve — a proprietary bilateral market price metric derived from concluded short-term bilateral trade prices for forward periods.

Spot market analytics

DAM, RTM, GDAM and HP-DAM — AI-assisted volume analysis, price sensitivity, clearing behaviour and daily market intelligence.

Demand & weather

State-wise demand analytics with ML pattern recognition, plus integrated weather intelligence for demand direction.

Generation & fuel

Plant-wise generation, outage status with revival dates, MoD prices, weighted average supply cost, coal stock and reservoir position.

Transmission & RE

Corridor-wise TTC/ATC flows, STOA availability, inter-regional exchange, and state-wise RE generation with GDAM volume analysis.

Forward & term markets

EMA© Forward Price Curve, TAM and DSM segment analytics, and settlement-grade forecast-vs-actual tracking.

Real-time & API

Live supply-demand at state and all-India level, RTM participation and URS tracking. Daily emailers, WhatsApp broadcasts and regulatory updates. API on request.

India's first & only integrated engine

P‑OPT^™

Scheduling, economic dispatch and automated bidding optimisation — for buyers and sellers

A web-based economic dispatch and trade optimisation platform, deployed at 10+ utilities and load dispatch centres across India, Bhutan and Nepal — including for cross-border trade.

An in-house LP-based engine produces least-cost schedules against real generation constraints, then AI/ML-driven logic prepares and pushes DAM and RTM bids. The same ensemble price forecast — PX auction and supply-demand simulation paired with AI/ML — runs inside it across all 96 time blocks, on day-ahead, weekly and month-ahead horizons.

New — P-OPT for Generators. We are extending the same optimiser to the sell side: a merchant or contracted generation portfolio, including portfolio-integrated assets where solar, wind and BESS or pumped storage sit behind a single delivery point and have to be dispatched, shaped and offered as one.

"Designed by you, built by us." Load dispatchers and portfolio managers configure their own workflows and decision logic — the optimiser adapts to the operator, not the reverse.

LP dispatch engine

Least-cost dispatch honouring pMin, ramp rates, minimum up/down times, must-run status and grid parameters.

AI bidding engine

Automated DAM and RTM bid construction with clearing-probability-aware price ladders and order carry-forward logic.

End-to-end automation

Auto-fetch from RLDC/SLDC, bid submission to exchanges via API, energy accounting and MIS built in.

BESS & pumped storage

Storage dispatch optimisation for day-ahead and intraday horizons, including operational battery deployment in a live utility, and co-located storage inside a generation portfolio.

Generator portfolios

Solar, wind and storage optimised as one portfolio against a single connection point — shaping, firming and round-the-clock or FDRE-style delivery obligations.

Portfolio management cycle

1Demand & availability

2MoD optimisation

3DAM & RTM bidding

4Real-time & DSM

5Energy accounting

New module

P‑OPT Outlook

Year-ahead resource adequacy and procurement planning

The planning companion to P-OPT. Outlook simulates least-cost dispatch of a utility's entire contracted portfolio at 96-block resolution across a rolling 12-month window — so the supply-demand gap is visible a year out, not a day out.

Built for the questions that decide a DISCOM's year: where does the gap open, which outage window is safe, is this banking proposal worth signing, and how much short-term procurement do we actually need?

Gap & adequacy analysis

Hourly and block-level surplus/deficit heatmaps across 12 months, with capacity adequacy and price duration views.

Scenario engine

Base, high and low demand forecasts run side by side, with outage calendars and commissioning schedules.

Banking evaluator

Quantifies onward advantage against return burden for every banking proposal — a verdict, not a spreadsheet.

RPO, storage & economy purchase

RPO compliance and REC cost, storage arbitrage against DAM spreads, and economy purchase against market limits.

Advisory & analytics

Expert-led services

Where a platform isn't the answer, the answer is a practitioner. Our advisory work carries the same domain depth as our software.

01

Predictive Analytics

ML-based RE forecasting — ~2,000 MW solar & wind live
ML-based state-level demand forecasting
DAM & RTM price forecastingPX auction + supply-demand simulation, ensembled with AI/ML — all 96 blocks
Month-ahead price forecasts for physical and derivatives participants
Published forecast-vs-actual accuracy

02

Market Studies & Modelling

RE integration & market design modelling
Long-range price and risk assessment
Resource adequacy studies
Global electricity market benchmarking

03

Long-Term Investment Modelling

In-house optimisation model built for Indian markets
RE merchant, BESS and green H₂ investment cases
Risk and offtake structuring analysis
Proprietary simulation software — Make in India

04

DISCOM Solutions

Integrated MIS for power portfolios
15-minute techno-commercial analysis
Energy accounting & DSM reconciliation
Management decision support

05

Electricity Derivatives & Hedging Advisory

20+ years in electricity markets & energy derivatives (GARP ERP and NISM Series-8 certified)
Hedging strategy for physical participants — helping generators, DISCOMs and open access consumers plan and structure cover against their actual physical exposure
Derivatives desk setup, policy and operational framework design
Active hedge management — daily forecasts, month-ahead price view, weekly and monthly outlook
20+ workshops delivered with leading commodity and power exchanges

Methodology

How the DAM & RTM price forecast is built

Not a single black-box model. Three independent views of the same 96 blocks, reconciled into one number — so a forecast can always be explained back to a market mechanism, not just to a training set.

Customised PX market auction simulation

A purpose-built replica of the power exchange's own auction — bid and offer stacks cleared the way the exchanges clear them, to find the price at which the market genuinely balances.

Supply–demand simulation

Fundamentals from the bottom up — demand, RE availability, plant-wise availability and outages, fuel cost and the merit-order stack, modelled block by block.

AI/ML and statistical models

Machine-learning and statistical models trained on years of curated market history, capturing the behavioural and weather-driven patterns that simulation alone will not see.

Ensembled

96-block DAM & RTM price forecast

Rolling day-ahead, weekly and month-ahead horizons — for dispatch, bidding and derivatives hedging alike, with forecast-vs-actual accuracy published openly.

Standards & digital public infrastructure

Building for the India Energy Stack

India's power sector still exchanges its most consequential data as Excel and PDF — no standard schema, no machine verification, no provenance. The India Energy Stack (IES), under the Ministry of Power and managed by REC Limited, fixes that with a specification rather than a platform: an envelope format, an interaction grammar, a credential model and a conformance kit.

EMA Solutions is participating in the IES Use Case 2 — Regulatory Data Exchange pilot, building the tooling that turns a regulatory filing into a signed, schema-validated, independently verifiable object. Custodians keep their data. Anyone can verify it.

0Data pointsCurated & quality-controlled

0MW forecastSolar & wind, live

0Blocks / day15-minute granularity

0Utilities & LDCsIndia · Bhutan · Nepal

0YearsCollective market experience

Trusted by

Both sides of the market

India's largest power traders, generators and RE developers — and the DISCOMs and load dispatch centres buying from them. Plus the consultancies advising all of them.

Power Traders

Trading companies, power exchanges and international energy firms

Generators

Major IPPs, thermal and hydro generators, merchant and portfolio-integrated sellers

RE Developers

Leading solar, wind, hybrid and FDRE developers across India

DISCOMs & SLDCs

State distribution companies, transmission utilities, load dispatch centres

Consultants & Multilaterals

Big-4 advisory firms, multilateral development bodies, commodity exchanges

Recognition

Awards & accolades

Smart Startup of the Year

ISGF Innovation Awards 2024 — Diamond Award, India Smart Grid Forum

POWERTHON 2022

Awarded by the Hon'ble Minister of Power for demand forecasting

DPIIT Recognised Startup

Government of India — DPIIT34787

ISO 27001 Certified

Information security management, independently audited

Market insights

EMA in the news

Our analysts are a standing reference for national and international press covering Indian power markets.

Reuters

Scorching heat drives India's gas-fired power use to multi-year highs

EMA quoted on summer demand patterns and their regional impact on the fuel mix.

LiveMint

India boosts coal use to stop power outages as hydro output falls

EMA's market analysis referenced in coverage of India's shifting supply position.

Mercom India

Dry August sparks record electricity demand across India

P-STAT data cited in analysis of weather-driven demand surges in the spot market.

Get in touch

Let's power your next decision

Whether you're a DISCOM, trader, generator, developer or investor — you'll be talking to power market practitioners and data scientists, not an account manager.

Registered office44, 2nd Floor, Regal Building, Connaught Place, New Delhi 110001, India

Emailinfo@powermarkets.in

Corporatewww.EnergyMarketAnalytics.com

Platformwww.PowerMarkets.in

EntityCIN U74999DL2019PTC346479 · DPIIT34787