MUMBAI, India, March 15 -- Intellectual Property India has published a patent application (202321060569 A) filed by Tata Consultancy Services Limited, Maharashtra, on Sept. 8, 2023, for 'equilibrium solution for periodic double auctions to generate optimal bidding strategies for energy market.'
Inventor(s) include Subramanian, Easwara Naga; and Manvi, Bharat Basavaraj.
The application for the patent was published on March 14, under issue no. 11/2025.
According to the abstract released by the Intellectual Property India: "Periodic double auction (PDA) setting is where buyers of the auction have multiple (but finite) opportunities to procure multiple but fixed units of commodity. The goal of each buyer participating in such auctions is to ...