Regulator deals a big blow to IEX’s monopoly on power trading

India's largest, most dominant power exchange is staring at market share and earnings loss after a key decision by the electricity regulator. Shareholders are not happy. Separately, a big win for climate litigation globally.

25 July, 20258 min
0
Getting your Trinity Audio player ready...
Regulator deals a big blow to IEX’s monopoly on power trading

You may also like

Business
Story image

Minus scooters, an empty gigafactory is squeezing Ola Electric dry

The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.

Business
Story image

Is Jubilant a victim of its own success?

As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.

Business
Story image

The smart meter business gets real

Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.