IEX shares tumble 9% on reports of market coupling implementation by FY25
- Posted on September 24, 2024
- By Business News Today
- 3 Views
IEX shares tumble 9% on reports of market coupling implementation by FY25
Indian Energy Exchange (IEX) shares dropped by 9.4% amid news of potential market coupling for power exchanges, set to be implemented by the end of this fiscal year or early FY26. Market coupling aims to establish a single electricity price across trading platforms, challenging IEX's current market dominance.
