Electricity futures on MCX

Sun, 21 Jun 2026 00:00:00 +0000

Electricity futures on MCX are cash-settled financial derivatives on the price of power, launched on the Multi Commodity Exchange on 10 July 2025 as India’s first exchange-traded electricity contract and regulated by SEBI as the financial-derivatives regulator. The contract is the Electricity Futures (Monthly Base Load), which lets a participant lock in the price of a constant block of power for a future delivery month, settling entirely in cash with no physical power changing hands. Its launch followed a Supreme Court order of 6 October 2021 that ended a decade-long dispute between SEBI and the Central Electricity Regulatory Commission over who regulates power derivatives.

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Electricity futures on MCX