Open House Session on, “Electricity Markets & Associated Derivatives Products”

As India advances toward a more dynamic and market-oriented power sector, price risk management is emerging as a critical need, especially in the face of rising spot market volatility and growing renewable penetration.
In this context, World Energy Council India (WEC India) hosted an open knowledge session on “Electricity Markets & Associated Derivatives Products” on 26 June 2025, in hybrid mode. The session was led by Dr. Harish K Ahuja, Head – Sustainability, Carbon & Power Markets, Listing, Social Stock Exchange (SSE), National Stock Exchange of India (NSE).
The session commenced with Ms. Sangeeta Kaushik, Executive Director, NTPC & WEC India, setting the context and highlighting the importance of the discussion.
The session explored the Monthly Electricity Futures Contracts by NSE, designed to offer long-term price visibility and financial hedging tools to power sector stakeholders. With insightful illustrations on the need for Electricity future in India at each level. This discussion brought clarity on how the financial instruments can support:
• Generators in locking prices to ensure stable cash flows
• DISCOMs & C&I consumers in hedging procurement costs
• Market participants in enhancing liquidity and improving planning
• Institutional investors entering the energy market via regulated financial products
Shri. Virendra Malik, Executive Director (Finance), NTPC Limited, concluded the session with a concise summary of the key takeaways. The session featured participation from PSUs, Discoms, trading organisations, regulatory bodies, and Consultancies.
This timely dialogue underscores the importance of developing robust financial market mechanisms to support India’s evolving electricity ecosystem and ensure a more predictable and investible energy future.