Informist, Thursday, Jul. 10, 2025

MUMBAI – Electricity futures trading in India began Thursday, with the August contract on the Multi Commodity Exchange of India opening at INR 4,105 per megawatt-hour. The symbol of the contract is 'ELECDMBL'.

The trading unit will be 50 megawatt-hour, and the maximum order size will be 50 times the trading unit. The contracts will be settled in cash and duration of the contracts will be four months. At 0911 IST, the most-active August electricity futures contract was 5.4% higher at INR 4,322 per megawatt-hour.

"The electricity futures contract will help power generators, distribution companies, large industrial consumers, and financial participants with a transparent, liquid, and reliable hedging mechanism," the exchange had said. The contract will be settled in cash based on the volume-weighted average of the unconstrained market-clearing price of the day-ahead market at the Indian Energy Exchange for all calendar days in the expiry month. End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Ashutosh Pati

Edited by Tanima Banerjee

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