Overview

• SEBI chief Tuhin Kanta Pandey said electricity’s high-volatility classification triggers hefty initial margins and allows extra charges during volatility spikes to deter speculation.
• The 50-megawatt-hour monthly contracts began trading on MCX and NSE on July 10–11 under SEBI-mandated price bands and risk norms developed with CERC.
• NSE Managing Director Ashish Chauhan reported 20,822 lots traded across August, September and October contracts since launch, with turnover exceeding ₹450 crore.
• A joint SEBI-CERC working group spent over two years crafting contract specifications as part of India’s broader power sector reform and risk management overhaul.
• Power generators, distribution firms, discoms, traders and industrial consumers can now use the futures to hedge price swings, complement physical trading and plan investments more effectively.