Backed by both SEBI and Central Electricity Regulatory Commission (CERC), this move aims to help power generators, distributors, and large consumers hedge price risks and manage volatility.
It is a big push for efficiency in the power market and aligns with India's goal of becoming a developed, energy-secure nation.
Praveena Rai, MD & CEO, MCX, said: The introduction of electricity derivatives marks a pivotal development in India's commodities ecosystem. These contracts will offer participants a reliable, transparent, and regulated platform to manage power price risks, which are becoming more dynamic due to renewables and market-based reforms. With India's growing focus on renewable energy and open access power markets, electricity derivatives can serve as a vital bridge between the physical and financial sectors.
MCX is India's leading commodity derivatives exchange with a market share of about 98% in terms of the value of commodity futures contracts traded in financial year 2024-25. It offers trading in a diverse range of commodities, spanning multiple segments including bullion, energy, metals and agri commodities, as well as sectoral commodity indices.
On a consolidated basis, MCX's net profit rose 54.16% to Rs 135.46 crore while net sales rose 60.83% to Rs 291.33 crore in Q4 March 2025 over Q4 March 2024.
Shares of MCX jumped 4.47% to settle at Rs 7419.65 on Friday, 6 June 2025.
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