power trading

Regulatory Updates

CERC grants new trading licence and upgrade approvals
By November 14, 2025November 14, 2025

The Central Electricity Regulatory Commission (CERC) has approved two key licensing decisions in power trading sector, granting a new inter-state electricity trading licence to Energyminds Power Solutions Private Limited and upgrading Energyedge Power Trading Private Limited’s licence from Category ‘V’ to Category ‘IV’. Energyminds Power Solutions, based in Noida, received approval on November 7, 2025, to operate as a Category ‘V’ power trader for 25 years. The company met all requirements under the Electricity Act,…

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India | News

Monthly electricity futures make strong debut on NSE
By July 15, 2025July 15, 2025

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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India | News

MCX to launch monthly electricity futures from July 10
By July 4, 2025July 4, 2025

The Multi Commodity Exchange of India (MCX) will introduce monthly electricity futures contracts starting July 10, 2025. These contracts are designed to help market participants manage electricity price risks with better precision. The new instrument is called the “Electricity Futures (Monthly Base Load) Contract.” It will be cash-settled and traded in Rs per megawatt-hour (MWh). Each contract will cover 50 MWh and be available for all 12 months of the year, with up to four…

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India | News

MCX gets SEBI nod to launch electricity derivatives contracts
By June 9, 2025June 9, 2025

The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong push from regulators to deepen and modernise India’s power markets. Electricity derivatives are financial contracts linked to electricity prices. They…

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Regulatory Updates

Regulatory Developments in Power Trading Sector: May 7, 2025
By May 7, 2025May 7, 2025

CERC reforms power trading to improve price discovery The Central Electricity Regulatory Commission (CERC) has issued an order to reform electricity trading in India. The order addresses concerns around price discovery, liquidity, and market fragmentation across power exchanges. It applies to the Term Ahead Market (TAM), Day-Ahead Contingency (DAC), and Intra-Day contracts, and aims to enhance transparency and competition. In the TAM segment, power exchanges must discontinue user-defined time slots, such as hourly contracts,…

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India | News

CERC changes power trading rules to make prices more transparent
By May 6, 2025May 6, 2025

The Central Electricity Regulatory Commission (CERC) has issued new rules to improve electricity trading in India. The changes aim to make prices clearer, reduce confusion, and encourage more participation. The new rules apply to short-term power contracts: Term Ahead Market (TAM), Day-Ahead Contingency (DAC), Intra-Day, and Any-Day Single-Sided (ADSS). In the TAM segment, power exchanges will stop offering custom time slots like hourly contracts within a week. Only fixed slots such as Base, Round-The-Clock (RTC),…

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India | News

IEX records monthly electricity traded volume of 11,132 MU
By January 6, 2025January 6, 2025

Indian Energy Exchange (IEX) set a new record in December 2024, trading 11,132 MU of electricity, marking a 29% year-on-year increase. The exchange also saw a 58% rise in renewable energy certificates (RECs), with 1.7 million RECs traded. For the first nine months of FY25, IEX’s electricity traded volume reached 88,981 MU, reflecting a 19% year-on-year growth. The third quarter saw a 16% increase in traded volume, with 30,464 MU and a 31% rise in…

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Data Insights

India’s short-term power trading market grows 12% in FY24
By November 7, 2024March 15, 2025

Power trading in India’s short-term market rose by 12% in FY24, reaching 218.22 billion units (BU) from 194.35 BU in FY23, as reported by the Central Electricity Regulatory Commission (CERC). Short-term transactions, including deviation settlement mechanism (DSM) volumes, consist of contracts under one year, executed bilaterally or through power exchanges, representing 12.5% of the country’s total electricity generation. The remaining 87.5% was sourced through long-term contracts and intra-state transactions by distribution companies. The CERC…

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