NSE Increases Power Derivatives Trade Target to 500 BU for FY26

AFTER REPORTING STRONG trading volumes on the debut trade, the National Stock Exchange has raised the target of power traded through its derivatives contracts to 400-500 billion units (BU) for the current fiscal.

- ANANYA GROVER

Harish Ahuja, head—sustainability, power/carbon markets/electricity derivatives, listing business (IPO) & social stock exchange at NSE, said: "Earlier, we felt the 240 billion units being traded in the short-term power spot market will come to futures markets for hedging, subject to some regulatory approvals and more clarity. After Monday's response, we may also wit