IEX Shares Crash 10% After CERC Approves Power Market Coupling in Day-Ahead Trading
On July 24, shares of Indian Energy Exchange Ltd. (IEX) hit the lower circuit after a major regulatory decision by the Central Electricity Regulatory Commission (CERC). The announcement confirmed that power market coupling will be introduced in Day-Ahead Markets (DAM) by January 2026, sending shockwaves across the energy trading sector. What Is Market Coupling in…