Availability-based tariff
Pricing system used in India for unscheduled electric power transactions / From Wikipedia, the free encyclopedia
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Availability Based Tariff (ABT) is a frequency based pricing mechanism applicable in India for unscheduled electric power transactions. The ABT falls under electricity market mechanisms to charge and regulate power to achieve short term and long term network stability as well as incentives and dis-incentives to grid participants against deviations in committed supplies as the case may be.[1]