Overview

• NSE’s monthly electricity futures traded over 8,100 contracts worth Rs 177.24 crore on July 14, outstripping MCX volumes.
• Opening at ₹4,430/MWh and settling around ₹4,364/MWh, the contracts saw participation from power generators, distribution firms and industrial consumers.
• On July 15, the exchange raised its FY26 electricity futures trade target to 400–500 billion units as it works to build depth in the market.
• Market makers have been appointed to provide two-way quotes and support early liquidity in the new product.
• NSE plans to roll out quarterly, annual and contract-for-difference power derivatives to broaden its hedging platform.