Govt. to start market coupling for power exchanges from January –
IEX nosedive 20% lower circuit
· Shares of Indian Energy Exchange (IEX) crashed 20% to hit their lower circuit after the Central Electricity Regulatory Commission (CERC) formally announced its decision to begin implementing power market coupling in India.
· The announcement came just hours ahead of IEX’s Q1FY26 results, which are expected later in the day.
· In an official order issued late Wednesday, the CERC stated that it has decided to initiate market coupling in a phased manner.
· The first phase will involve coupling the Day-Ahead Market (DAM) operated by the country’s power exchanges, using a ‘round-robin’ mode by January 2026.
· Market coupling is an economic model used in energy markets to create a single, uniform price for electricity across different trading platforms or exchanges.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
