NSE gets Sebi nod to launch electricity derivatives

NSE gets Sebi nod to launch electricity derivatives

NSE MD and CEO, Ashishkumar Chauhan, said plans are underway to introduce contracts for difference and other long-duration electricity derivatives subject to regulatory approvals.

Mint Explainer: Why NSE, MCX are powering up with electricity derivatives

Source: Live Mint The National Stock Exchange (NSE) and the Multi-Commodity Exchange (MCX) recently secured approvals from the equity market regulator to launch electricity derivatives. Not only would this minimise financial uncertainty for power distribution companies but they can also use electricity derivatives or futures contracts to lock in electricity prices in advance. Mint takes a look at what this means and why there is a sudden intere…