What is the story about?
Shares of the Indian Energy Exchange (IEX) Ltd. fell as much as 4% on Friday, December 26, after the Economic Times reported about a revision in transaction fees charged by the power exchanges in India.
The report indicates citing sources that the CERC is considering a lower, uniform fee of close to 1.5 paise per kilowatt hour (kWh) per side for most trading segments.
Currently, the exchanges levy a 2 paise per kWh fee on both the buying and selling side, translating into a total fee of close to 4 paise per kWh.
For longer duration contracts such as the Term-Ahead Market (TAM), the transaction fees could be reduced further to nearly 1.25 paise per kWh.
The report stated that discussions are at a preliminary stage and no final decision has been made yet.
CNBC-TV18 reached out to IEX to independently verify the story but the company offered no comments on the same.
Shares of IEX ended are down over 3.5% on Friday at ₹134.35. The stock is down 23% so far in 2025.
The report indicates citing sources that the CERC is considering a lower, uniform fee of close to 1.5 paise per kilowatt hour (kWh) per side for most trading segments.
Currently, the exchanges levy a 2 paise per kWh fee on both the buying and selling side, translating into a total fee of close to 4 paise per kWh.
For longer duration contracts such as the Term-Ahead Market (TAM), the transaction fees could be reduced further to nearly 1.25 paise per kWh.
The report stated that discussions are at a preliminary stage and no final decision has been made yet.
CNBC-TV18 reached out to IEX to independently verify the story but the company offered no comments on the same.
Shares of IEX ended are down over 3.5% on Friday at ₹134.35. The stock is down 23% so far in 2025.
