Description
NSE Clearing announces the Due Date Rate (DDR) for Monthly Electricity Futures contract (ELECMBL) that expired on November 28, 2025, fixed at Rs. 3228.00 per MWh.
Summary
NSE Clearing Limited has announced the Due Date Rate (DDR) for the Monthly Electricity Futures contract (ELECMBL) that expired on November 28, 2025. The DDR has been fixed at Rs. 3228.00 per MWh (Megawatt-hour) for final settlement purposes in the Commodity Derivatives Segment.
Key Points
- Expired contract date: November 28, 2025
- Commodity symbol: ELECMBL (Monthly Electricity Futures)
- Due Date Rate (DDR): Rs. 3228.00
- Base quantity: 1 MWh (Megawatt-hour)
- Applicable to: All members of NSE Commodity Derivatives Segment
- References prior circulars NCL/COM/69054 (July 10, 2025) and NCL/COM/69390 (July 30, 2025) regarding final settlement procedures
Regulatory Changes
No regulatory changes introduced. This circular provides the settlement rate as per existing DDR procedures for Monthly Electricity Futures.
Compliance Requirements
Members are required to:
- Take note of the DDR price for settlement of expired November 2025 ELECMBL contracts
- Complete final settlement obligations based on the announced DDR of Rs. 3228.00 per MWh
- Contact NSE Clearing support (1800 2660 050, Option 2 or support@nsccl.co.in) for any queries
Important Dates
- November 28, 2025: Contract expiry date for ELECMBL
- December 01, 2025: Circular issue date announcing DDR
Impact Assessment
This is a routine operational circular with limited market impact. It affects only those members who held open positions in the November 2025 Monthly Electricity Futures contract at expiry. The DDR of Rs. 3228.00 per MWh will be used for final cash settlement of these positions. No impact on equity markets or broader commodity trading operations.
Impact Justification
Routine settlement rate notification for expired commodity futures contract affecting only members with positions in November 2025 ELECMBL contract.