IEX falls 13%; Govt likely to regulate prices for energy exchanges

Indian Energy Exchange (IEX) fell 12.66% touching an intraday low of ₹209.05 per share after a report suggested that the government may take steps on the implementation of market coupling for power exchanges by FY25. Indian Energy Exchange is India’s premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates.