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Monthly electricity futures make strong debut on NSE

The National Stock Exchange (NSE) successfully launched its Monthly Electricity Futures (ELECMBL) contracts on 14 July 2025, recording a total turnover of Rs 177.24 crore by the end of the first trading day. More than 8,100 contracts were traded, reflecting strong early interest in India’s newest power market instrument. By 2:00 PM on Monday, over 4,000 lots had already been traded, representing more than 200 million units of electricity. The volume-weighted average price stood at…

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NSE likely to waive transaction charges on electricity futures contracts

The National Stock Exchange (NSE) is likely to waive transaction charges on electricity futures contracts until December 31, 2025.  The move is expected to promote participation in the newly launched electricity derivatives segment, according to people familiar with the matter. If implemented, the waiver will apply uniformly at the exchange level across all categories of participants, including brokers, corporates, traders, and institutions. However, the actual benefit passed on to end clients will depend on individual…

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NSE gets SEBI approval to launch monthly electricity futures

The National Stock Exchange (NSE) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch monthly electricity futures contracts. This marks a key step in expanding India’s power market offerings. NSE is now the second exchange, after the Multi Commodity Exchange (MCX), to gain SEBI’s nod for electricity derivatives. The futures contracts will help market participants hedge against price fluctuations in the power sector. The move is expected to strengthen…

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Waaree Energies to launch Rs 36 billion IPO

Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares.  Waaree Sustainable Finance Private Limited will offer…