SC settles 10-year long CERC, SEBI dispute; paves way for power derivatives, futures

Electricity will now be traded as other commodities with forward contracts and derivatives on exchanges with Supreme Court disposing of a decade-long jurisdictional spat between power regulator Central Electricity Regulatory Commission (CERC) and the Securities & Exchange Board of India (Sebi) after they reached a mutual agreement.

The union power ministry in a statement issued on Thursday said the significant development “has the potential to change the landscape of the power market in the country.”