Description

NSE Clearing announces the final settlement price of Rs 3,988.04 per MWh for monthly electricity futures that expired on August 29, 2025.

Summary

NSE Clearing Limited has announced the Due Date Rate (DDR) for monthly electricity futures that expired on August 29, 2025. The final settlement price has been fixed at Rs 3,988.04 per MWh for the ELECMBL commodity contract.

Key Points

  • Final settlement price: Rs 3,988.04 per MWh
  • Contract expiry date: August 29, 2025
  • Commodity symbol: ELECMBL
  • Base quantity: 1 MWh
  • References previous circulars from July 2025 regarding DDR procedures

Regulatory Changes

No regulatory changes announced. This is a routine settlement price notification as per established procedures outlined in previous circulars NCL/COM/69054 (July 10, 2025) and NCL/COM/69390 (July 30, 2025).

Compliance Requirements

All members trading in electricity futures must:

  • Take note of the final settlement price
  • Ensure settlement obligations are met at the announced DDR price
  • Follow established settlement procedures for expired contracts

Important Dates

  • Contract expiry date: August 29, 2025
  • DDR announcement date: September 2, 2025
  • Settlement to be processed as per standard timelines

Impact Assessment

Routine operational announcement with minimal market impact. The DDR price of Rs 3,988.04 per MWh represents the final settlement value for all open positions in the August 2025 electricity futures contract. Members holding positions will have their contracts settled at this price according to standard clearing procedures.

Impact Justification

Routine settlement price announcement for expired electricity futures contracts with no unusual market implications