Description
NSE Clearing announces the Due Date Rate (DDR) of 2800.00 for ELECMBL Monthly Electricity Futures contract that expired on October 30, 2025.
Summary
NSE Clearing Limited has announced the Due Date Rate (DDR) for the Monthly Electricity Futures (ELECMBL) contract that expired on October 30, 2025. The DDR has been fixed at 2800.00 per MWh (Megawatt-hour) with a base quantity of 1. This circular is issued in reference to previous circulars NCL/COM/69054 dated July 10, 2025, and NCL/COM/69390 dated July 30, 2025, which outlined the Final Settlement (DDR) Procedure for Monthly Electricity Futures.
Key Points
- DDR for ELECMBL contract expired October 30, 2025: 2800.00 per MWh
- Base Quantity: 1 MWh
- Contract Symbol: ELECMBL
- Settlement applies to Monthly Electricity Futures in Commodity Derivatives Segment
- Members are requested to take note of the announced rate
Regulatory Changes
No regulatory changes. This is a routine settlement rate announcement following established procedures outlined in previous circulars from July 2025.
Compliance Requirements
- Members must note the DDR of 2800.00 for final settlement of positions in the expired ELECMBL contract
- Settlement will be processed based on the announced DDR as per the Final Settlement Procedure
Important Dates
- October 30, 2025: Contract expiry date for ELECMBL Monthly Electricity Futures
- October 31, 2025: DDR announcement date (Circular date)
Impact Assessment
This is a routine operational circular with minimal market impact. The announcement of the DDR allows for the final settlement of the expired October 2025 Monthly Electricity Futures contract. Only members holding positions in this specific expired contract are directly affected. The DDR of 2800.00 per MWh will be used to calculate final settlement obligations for all outstanding positions as of the expiry date.
Impact Justification
Routine settlement rate announcement for expired electricity futures contract with no policy changes or broad market impact