18. Recently, Pan-India Real Time Market in electricity was launched.

Which of the following statements are correct about the market ?
1. Real time market is an organized market platform enabling buyers and sellers to meet their energy requirement closer to real time operation.
2. The auctions will be held 50 times a day.
3. It became operational on two platforms : Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL).
 

Select the correct answer using the code given below :

1. Only 1 and 2

2. Only 2 and 3

3. Only 1 and 3

4. 1, 2 and 3

Correct Answer :

Only 1 and 3