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Hans India
14-07-2025
- Business
- Hans India
NSE monthly Electricity Futures receive decent participation in 1st session
Mumbai: The National Stock Exchange of India (NSE), which launched the Monthly Electricity Futures (ELECMBL) contracts, said on Monday that it has received healthy participation. The move can be seen as a significant step forward in the development of India's electricity derivatives market. According to NSE's data, 6,863 contracts traded during the market hours, representing a value of Rs 149.81 crore. The first trade opened at Rs 4,430/MWh and settled at Rs 4,364/MWh. Meanwhile, its intraday high and lows stood at Rs 4,430/MWh and Rs 4,301/MWh, respectively. The kind of interest that the newly-launched derivatives got, reflected healthy participation across participants, including power generators, discoms, large industrial consumers, and market intermediaries, NSE said. The exchange said the introduction of electricity futures derivatives will give participants a clear, risk-managed platform to support long-term power planning, hedge against volatility in electricity prices, and support India's larger energy transition objectives. NSE is the biggest derivatives exchange in the world by trading volume (contracts), as per the Futures Industry Association (FIA) data for the year 2024. Based on data from the Securities and Exchange Board of India (SEBI), the company started operations in 1994 and has been the biggest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995. Trading, clearing members, and listed companies are subject to the exchange's and SEBI's rules and regulations, NSE said. It is ranked second in the world in the equity segment by number of trades (electronic order book) in 2024, as per the statistics maintained by the World Federation of Exchanges (WFE). Meanwhile, the Indian stock market ended the first trading session of the week in negative territory, amid selling in IT stocks and fresh global trade tensions over US tariffs. Sensex closed at 82,253.46, down 247.01 points or 0.30 per cent against last session's closing of 82,500.47.
Mint
14-07-2025
- Business
- Mint
NSE launches monthly electricity futures contracts for derivative investors. Details here
The National Stock Exchange (NSE) announced on Monday, 14 July 2025, that it has launched its new monthly electricity futures contracts for derivative investors, with the aim of helping them hedge their bets against electricity price volatility. 'The National Stock Exchange of India (NSE) is pleased to announce the successful launch of the Monthly Electricity Futures (ELECMBL) contracts today, marking a significant step forward in the development of India's electricity derivatives market,' according to the press release. NSE aims to make this launch attractive for market participants, giving derivative investors a transparent asset class on a risk-managed platform to hedge their investments amid electricity price volatility. The investors will also be able to support 'long-term planning' and contribute their share to the nation's wider energy transition objective. As of 2:00 p.m. on Monday, 14 July 2025, the Monthly Electricity Futures contracts recorded more than 4,000 lots of trading which represents more than 200 million units of electricity, according to the official data release. Till the afternoon session, the total turnover trade for the futures contract crossed 87.36 crore in volumes, with the volume-weighted average price at ₹ 4,368 per megawatt-hour (MWh). After the trading opened at ₹ 4,430/MWh, and as of 2:00 p.m. on Monday, the price reached around ₹ 4,364/MWh, which showed the healthy participation of the derivative market investors. Market participants like power generators, discoms, and large industrial consumers, and market intermediaries were part of the trading session on the first day for the futures contract. According to Mint's earlier report from 28 June 2025, NSE announced a liquidity enhancement scheme for the electricity futures contracts, which were launched today. In the circular dated 27 June 2025, NSE said that the enhancement scheme would become effective from 11 July 2025. 'NSE is now pleased to introduce LES in Electricity Futures (Monthly Base Load) with effect from July 11, 2025, to encourage active participation and market development,' the exchange informed investors through an official release. NSE received the green signal from the markets regulator, the Securities and Exchange Board of India (Sebi), in May 2025 to launch electricity futures contracts, given the demand for power sector derivatives in the global market. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
