365Telugu.com online news,Mumbai, July 15, 2025:The National Stock Exchange of India (NSE) marked a major milestone in the Indian energy market with the successful launch of Monthly Electricity Futures (ELECMBL) contracts. The new product aims to enhance price discovery and risk management in the power sector.
By 2:00 PM on launch day, the contracts had already recorded over 4,000 lots, translating to more than 200 million units of electricity traded. The total turnover exceeded ₹87.36 crore, with a volume-weighted average price of ₹4,368 per MWh.
The first trade began at ₹4,430/MWh, and prices have since stabilized around ₹4,364/MWh, signaling strong interest from diverse market participants, including:
- Power generators
- Distribution companies (discoms)
- Large industrial consumers
- Market intermediaries
The Monthly Electricity Futures offer a transparent and regulated platform for stakeholders to hedge against price fluctuations, plan power procurement efficiently, and support India’s growing push toward energy market liberalization and sustainability.
This initiative is expected to play a pivotal role in strengthening India’s electricity derivatives ecosystem, providing stakeholders with tools for long-term planning and contributing to the country’s broader energy transition goals.