Indian Energy Exchange Limited — Others, 24-07-2025: Effect(s) on listed entity due to changed regulatory framework applicable

Indian Energy Exchange (IEX) announced the Central Electricity Regulatory Commission (CERC) has decided to implement market coupling for the Day-Ahead Market (DAM) by January 2026. This move, based on shadow pilot results showing welfare increases of ₹38 Cr in DAM, will see power exchanges potentially act as Market Coupling Operators (MCOs) rotationally. This aims to optimize power system operations and maximize economic surplus. CERC will also explore coupling for Real-Time and Term-Ahead markets. IEX is currently assessing the implications of this significant market change for its operations and stakeholders.