Explanation:

Recently, the Union Minister of Power & New and Renewable Energy has launched the new market segment, Green Day Ahead Market (GDAM) at the Indian Energy Exchange.

• India is the only large electricity market in the world to implement a Green Day Ahead Market (GDAM) exclusively for renewable energy.
• GDAM is a marketplace for trading renewable power on a day-ahead basis.
• National Load Despatch Center (NLDC), Power System Operation Corporation Limited (POSOCO) as the nodal agency has set up the requisite technologies and infrastructure for the launch of the GDAM.
• With GDAM, any renewable energy generating company can set up and sell renewable energy on the exchange.
• It will operate in an integrated way with the conventional day-ahead market.
• However, there will be separate price discoveries for the conventional and renewables

Hence both statements are correct.