Indian Energy Exchange drops after India rolls out market coupling plan
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;))
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