Indian Energy Exchange drops after India rolls out market coupling plan

Indian Energy Exchange

24/07/2025 04:51

July 24 (Reuters) - Indian Energy Exchange IIAN.NS shares dropped 10% in early trade on Thursday, a day after the country's power regulator said it will roll out market coupling in a phased manner for electricity trading from January.

Market coupling is an economic model used in energy markets to create a single, uniform price for electricity across different trading platforms or exchanges.

The regulator's move is aimed at improving price discovery and system efficiency.

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))